Suburb Profile Report for Albany Creek QLD (4035)

Albany Creek House: Median price $580,000, Annual capital growth 2.28%, Number of sales 245, Weekly median advertised rent $480

Albany Creek Unit: Median price $492,500, Annual capital growth 3.46%, Number of sales 44, Weekly median advertised rent $420

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

Giving property investors a an unimpressive capital gain of -1.69% for the last year, Albany Creek, 4035 is the 2964th highest performer in Australia in this respect.

Albany Creek,4035 was ranked 1997 in Australia by increase in median property value over the quarter.

Vendor discounting in Albany Creek is giving property investors an average Vendor Discount of around -4.52%. This puts suburb at number 694th in QLD when ranking the most discounted suburbs.

Renters in Suburb are facing rents around $24960 per annum or $480 every week.

If you compare the increase in value of investment property in Albany Creek, 4035 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 3.68%.

A 42.44% growth in median value for property investors in Albany Creek,4035 puts this suburb at number 129th in terms of best performing suburbs in QLD

Albany Creek, 4035 is offering QLD ‘s 99th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this QLD.

In the last year 44 properties changed hands in Albany Creek, which puts it as the 191th most active market in QLD when comparing the number of sales per suburb.

Information supplied by:


July 2017

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While pockets of Brisbane are facing potential oversupply, Albany Creek bucks this trend by reporting a 39% decrease in overall stock over the past 12 months leading up to April 2017, according to Real Estate Investar.Full summary

Stock plummets in Moreton Bay centre
Median unit price: $415,000
Stock on market: -39%
12-month growth: -1.48% 

While pockets of Brisbane are facing potential oversupply, the suburb of Albany Creek bucks this trend by reporting a 39% decrease in overall stock over the past 12 months leading up to April 2017, as per Real Estate Investar.

This Moreton Bay suburb is roughly a 30-minute drive north of the Brisbane CBD, which is a significant factor that appeals to prospective buyers. However, despite strong performance in recent years, apartment prices have fallen slightly (by approximately 1.5%) in the past year. 

Albany Creek’s many amenities could be its saving grace, nonetheless. It is the site of several primary schools and a high school. It also houses many restaurants and various shopping centres, making it a major service centre in the region. Buses also run to and from Brisbane daily.

Close
Metrics i HOUSE UNIT
$580,000 $492,500
0.09% 0.51%
-1.69% 3.68%
2.28% 3.46%
$480 $420
245 44
4.30% 4.43%
42.25 49.83

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Albany Creek QLD
Demographics
Total population 15860
Median household income ($/weekly) 1807
Median age of persons 38
Median housing loan repayment ($/monthly) 1950
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 2435 15.4
    25-34 years 1459 9.2
    35-44 years 2336 14.7
    45-54 years 2711 17.1
    55-64 years 1836 11.6
    Others 5083 32.0
    Age Group
    Census Count Percent(%)
    Registered Married 6783 57.4
    Not Married 4227 35.8
    Defacto Relationship 810 6.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 12536 81.0
    Papua New Guinea 538 3.5
    South Africa 321 2.1
    United Kingdom 975 6.3
    Other 324 2.1
    Others 774 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 102 0.7
    Christianity 11916 79.4
    Hinduism 88 0.6
    Islam 39 0.3
    No Religion 2830 18.8
    Others 39 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 348 7.2
    $1,500-$1,999 688 14.3
    $2,000-$2,499 630 13.1
    $2,500-$2,999 624 13.0
    $3,000-$3,499 435 9.0
    Others 2089 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5418 44.8
    Not in the labour force 3181 26.3
    Employed, worked part-time 2708 22.4
    Employed, away from work 447 3.7
    Unemployed, looking for work 343 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1087 12.7
    Professionals 1855 21.6
    Technicians & trades workers 1226 14.3
    Clerical & administrative workers 1619 18.9
    Sales 920 10.7
    Others 1867 21.8
    Occupation
    Census Count Percent(%)
    Pre-school 216 5.0
    Infants/Primary 1687 39.3
    Secondary 1270 29.6
    Technical or Further Educational Institution 299 7.0
    University or other Tertiary Institutions 741 17.3
    Others 75 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14684 95.3
    Semi-detached, row or terrace house, townhouse 652 4.2
    Flat, unit or apartment 68 0.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2592 49.4
    Fully owned 1788 34.1
    Rented 739 14.1
    Other tenure type 131 2.5
    Tenure Type
Census 2011, ABS
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