If you compare the increase in value of investment property in Albion, 4010 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 5.02%.
Comparing Albion,4010 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.34%, without taking into account capital value appreciation, which has been averaging out at 3.92%.
Investment property in Albion has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.09%
Across a shorter period, Albion, 4010 has seen a median price increase of 9.26% over the last quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.64% offered to property buyers. Sellers in Albion itself are offering an average vendor discount of -6.30% to real estate investors.
On average over the past year, suburb has had 5.33 sales per month, which equates to 64 per year.
Albion, 4010’s gross rental yield is 4.95%