Suburb Profile Report for Albany WA (6330)

Albany House: Median price $495,000, Annual capital growth 0.92%, Number of sales 19, Weekly median advertised rent $375

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

Source: CoreLogic

  • House Report

Property value increases in Albany have tracked just lower than the WA average of -4.46% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Albany comes in at number 333th in WA.

Property investors looking for a bargain in Albany should be aiming for at least -11.48% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $375 mark per week – giving a return of 3.94% based on the median price in Suburb

Metrics i HOUSE UNIT
$495,000 N/A
-3.88% N/A
-9.17% N/A
0.92% N/A
$375 N/A
19 N/A
3.94% N/A
124.8 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (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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