If you compare the increase in value of investment property in Albion, 4010 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 5.13%.
Comparing Albion,4010 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
A $530 per week rent on the median house gives suburb investors a gross yield of circa 3.24%, without taking into account capital value appreciation, which has been averaging out at 2.96%.
Property value increases in Albion have tracked just higher than the QLD average of 4.80% over the last 12 months.
A -13.24% growth in median value for property investors in Albion,4010 puts this suburb at number 292th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Albion should be aiming for at least -5.46% off the asking price, which is the average vendor discount being achieved at the moment.
A $395 per week rent on the median house gives suburb investors a gross yield of circa 5.27%, without taking into account capital value appreciation, which has been averaging out at -1.02%.