Albany Creek is an average performer in QLD when comparing median price capital growth over the last year. Albany Creek gave property investors a average capital gain figure when compared to the rest of the state, with 1.72%.
Comparing Albany Creek,4035 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 610th of QLD’s most discounted properties, Albany Creek is in the TOP 30% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Albany Creek being $590000 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 4.05%
At number 1445th in the list of Australian suburbs ordered by increase in median house value over the last year, Albany Creek, 4035 is in the BOTTOM 20% with a property value increase of -5.81% recorded in median house prices.
The five-year average increase in median property values for Albany Creek,4035 has given property investors a potential capital gain of 17.39% across each of those five years.
Albany Creek is 194th on a list of best yielding suburbs for rents in QLD with a 5.10% return
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
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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