Suburb Profile Report for Albany WA (6330)

Albany House: Median price $515,000, Annual capital growth 4.54%, Number of sales 23, Weekly median advertised rent $375

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Property investors who have had real estate in Albany, 6330 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -28.47%

If we look at median property appreciation over just the last three months, Albany has given property investors a paper return of 0.00%. This puts Suburb as 170 on a list of fastest fasting appreciating suburbs in WA

The most recent median price for Albany is $515000, with sellers offering an average of -12.58% off the asking price.

In the last year 23 properties changed hands in Albany, which puts it as the 341th most active market in WA when comparing the number of sales per suburb.

Using the current median advertised rental of $375 and the average annual increase in value of a median property of 4.54%, investors should hope to achieve an overall return of 3.79%

HOUSE UNIT
$515,000 N/A
0.00% N/A
-28.47% N/A
4.54% N/A
$375 N/A
23 N/A
3.79% N/A
191.86 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Above average (U)
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Demographics
Total population 1463
Median household income ($/weekly) 1062
Median age of persons 47
Median housing loan repayment ($/monthly) 1450
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 130 8.9
    25-34 years 135 9.2
    35-44 years 190 13.0
    45-54 years 242 16.5
    55-64 years 284 19.4
    Others 482 32.9
    Age Group
    Census Count Percent(%)
    Registered Married 482 45.3
    Not Married 459 43.1
    Defacto Relationship 123 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1030 74.7
    Papua New Guinea 25 1.8
    Philippines 22 1.6
    United Kingdom 183 13.3
    Other 35 2.5
    Others 84 6.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 20 1.5
    Christianity 751 57.8
    Hinduism 8 0.6
    Other Religious Groups 7 0.5
    No Religion 509 39.2
    Others 4 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 61 11.2
    $600-$799 63 11.5
    $800-$999 54 9.9
    $1,000-$1,249 51 9.3
    $1,500-$1,999 67 12.2
    Others 251 45.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 437 36.4
    Not in the labour force 367 30.6
    Employed, worked part-time 280 23.3
    Employed, away from work 71 5.9
    Unemployed, looking for work 46 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 125 15.9
    Professionals 210 26.8
    Technicians & trades workers 103 13.1
    Community & personal service workers 78 9.9
    Clerical & administrative workers 98 12.5
    Others 170 21.7
    Occupation
    Census Count Percent(%)
    Pre-school 22 8.4
    Infants/Primary 93 35.4
    Secondary 56 21.3
    Technical or Further Educational Institution 62 23.6
    University or other Tertiary Institutions 27 10.3
    Others 3 1.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1075 84.8
    Semi-detached, row or terrace house, townhouse 110 8.7
    Flat, unit or apartment 76 6.0
    Caravan, cabin, houseboat 3 0.2
    House or flat attached to a shop, office 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 227 38.5
    Rented 219 37.1
    Being purchased 138 23.4
    Other tenure type 6 1.0
    Tenure Type
Census 2011, ABS
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