Suburb Profile Report for Albion Park NSW (2527)

Albion Park House: Median price $600,000, Annual capital growth 5.80%, Number of sales 233, Weekly median advertised rent $483

Albion Park Unit: Median price $512,500, Annual capital growth 6.06%, Number of sales 55, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1157th in the list of Australian suburbs ordered by increase in median house value over the last year, Albion Park, 2527 is in the top 30% with a property value increase of 13.21% recorded in median house prices.

If we look at median property appreciation over just the last three months, Albion Park has given property investors a paper return of 3.45%. This puts Suburb as 459 on a list of fastest fasting appreciating suburbs in NSW

Property buyers and investors in Albion Park 2527 should be seeing an average reduction in asking price of around -2.67% . This means that Albion Park is holding prices well when compared to other suburbs in NSW.

Residents and property investors in Albion Park have been waiting around 40.88 days to sell a property.

Albion Park is 335th on a list of best yielding suburbs for rents in NSW with a 4.18% return

Property investors who have had real estate in Albion Park, 2527 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 13.89%

Albion Park,2527 has offered an average of 13.89% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Albion Park are currently offering property investors an average price cut of -1.15% below the asking price at the moment.

Using the current median advertised rental of $420 and the average annual increase in value of a median property of 6.06%, investors should hope to achieve an overall return of 4.26%

Metrics i HOUSE UNIT
$600,000 $512,500
3.45% 2.71%
13.21% 13.89%
5.80% 6.06%
$483 $420
233 55
4.18% 4.26%
40.88 43.45

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 12871
Median household income ($/weekly) 1483
Median age of persons 33
Median housing loan repayment ($/monthly) 1993
Average household size 3
  • Census Count Percent(%)
    5-14 years 2130 16.5
    25-34 years 1644 12.8
    35-44 years 1977 15.4
    45-54 years 1865 14.5
    55-64 years 1161 9.0
    Others 4095 31.8
    Age Group
    Census Count Percent(%)
    Registered Married 5081 56.2
    Not Married 3125 34.6
    Defacto Relationship 838 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 10794 86.4
    Greece 108 0.9
    Papua New Guinea 83 0.7
    United Kingdom 841 6.7
    Other 241 1.9
    Others 423 3.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 72 0.6
    Christianity 9652 79.6
    Islam 22 0.2
    Other Religious Groups 19 0.2
    No Religion 2351 19.4
    Others 11 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 344 9.3
    $1,250-$1,499 324 8.8
    $1,500-$1,999 646 17.5
    $2,000-$2,499 470 12.8
    $2,500-$2,999 342 9.3
    Others 1558 42.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3897 41.1
    Not in the labour force 2970 31.3
    Employed, worked part-time 1851 19.5
    Employed, away from work 408 4.3
    Unemployed, looking for work 356 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 847 13.8
    Technicians & trades workers 1076 17.5
    Community & personal service workers 727 11.8
    Clerical & administrative workers 967 15.7
    Sales 657 10.7
    Others 1878 30.5
    Occupation
    Census Count Percent(%)
    Pre-school 358 9.8
    Infants/Primary 1373 37.6
    Secondary 1132 31.0
    Technical or Further Educational Institution 364 10.0
    University or other Tertiary Institutions 345 9.4
    Others 83 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 11177 90.9
    Semi-detached, row or terrace house, townhouse 867 7.1
    Flat, unit or apartment 215 1.7
    House or flat attached to a shop, office 31 0.3
    Caravan, cabin, houseboat 6 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2213 54.7
    Fully owned 1146 28.3
    Rented 665 16.4
    Other tenure type 22 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals