Suburb Profile Report for Albion QLD (4010)

Albion House: Median price $769,000, Annual capital growth 3.03%, Number of sales 22, Weekly median advertised rent $550

Albion Unit: Median price $415,000, Annual capital growth 2.55%, Number of sales 43, Weekly median advertised rent $410

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

At number 2292th in the list of Australian suburbs ordered by increase in median house value over the last year, Albion, 4010 is in the BOTTOM 50% with a property value increase of 1.25% recorded in median house prices.

A 3.92% growth in median value for property investors in Albion,4010 puts this suburb at number 412th in terms of best performing suburbs in QLD

Often selling an investment property can take time, and in Albion the average time real estate has been on the market is 5 days.

Situated 4.57km from the CBD, Albion is one of Brisbane (C) localities in the postcode 4010.

With a capital gain of -10.75% for the last 12 months, Albion, 4010 has performed for property investments than its average annual 2.55% property growth over the last 5 years.

Over the longer term, Albion has seen property prices show investors a -5.68% return over the last 3 years. This is worse than over the last 12 months

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Albion, 4010. Typically our figures indicate that -8.26% is being offered, which puts this QLD suburb at 316th most discounted overall in Australia.

At number 1215 in a list of fastest selling suburbs, Albion is in the bottom 30% of suburbs in Australia with an average of days on market 108.5 for properties listed there.

Albion, 4010’s gross rental yield is 5.14%

Metrics i HOUSE UNIT
$769,000 $415,000
0.00% -4.60%
1.25% -10.75%
3.03% 2.55%
$550 $410
22 43
3.72% 5.14%
5 108.5

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1986
Median household income ($/weekly) 1493
Median age of persons 33
Median housing loan repayment ($/monthly) 2104
Average household size 2
  • Census Count Percent(%)
    20-24 years 230 11.6
    25-34 years 519 26.1
    35-44 years 314 15.8
    45-54 years 249 12.5
    55-64 years 143 7.2
    Others 531 26.7
    Age Group
    Census Count Percent(%)
    Not Married 934 58.1
    Registered Married 460 28.6
    Defacto Relationship 214 13.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1345 71.2
    Indonesia 58 3.1
    Papua New Guinea 88 4.7
    United Kingdom 79 4.2
    Other 123 6.5
    Others 196 10.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 46 2.6
    Christianity 1102 61.8
    Hinduism 44 2.5
    Islam 32 1.8
    No Religion 535 30.0
    Others 24 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 69 8.2
    $1,000-$1,249 72 8.6
    $1,500-$1,999 126 15.0
    $2,000-$2,499 87 10.4
    $2,500-$2,999 96 11.5
    Others 388 46.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 833 49.0
    Not in the labour force 424 24.9
    Employed, worked part-time 311 18.3
    Employed, away from work 71 4.2
    Unemployed, looking for work 61 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 147 12.1
    Professionals 366 30.2
    Technicians & trades workers 148 12.2
    Community & personal service workers 107 8.8
    Clerical & administrative workers 186 15.3
    Others 258 21.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 83 20.2
    Secondary 60 14.6
    Technical or Further Educational Institution 83 20.2
    University or other Tertiary Institutions 142 34.5
    Other type of educational institution 34 8.3
    Others 9 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 995 54.1
    Flat, unit or apartment 690 37.5
    Semi-detached, row or terrace house, townhouse 135 7.3
    House or flat attached to a shop, office 20 1.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 431 48.4
    Being purchased 239 26.8
    Fully owned 195 21.9
    Other tenure type 26 2.9
    Tenure Type
Census 2011, ABS
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