Albion, 4010 ranked 487th in QLD when comparing growth in median property values or capital gain over the last 12 months. Albion is one of 2415 in our list for QLD
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Albion has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -12.22% to buyers in Albion at the moment, which is less than average for the rest of QLD.
A $540 per week rent on the median house gives suburb investors a gross yield of circa 3.65%, without taking into account capital value appreciation, which has been averaging out at 2.98%.
Giving property investors a a poor capital gain of -6.63% for the last year, Albion, 4010 is the 1401th highest performer in Australia in this respect.
The five-year average increase in median property values for Albion,4010 has given property investors a potential capital gain of -16.82% across each of those five years.
The most recent median price for Albion is $457500, with sellers offering an average of -6.06% off the asking price.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.55%, without taking into account capital value appreciation, which has been averaging out at 3.05%.