Over the last year, property investments in Albion, 4010 have given investors a capital gain of 0.26%. This compares badly with the 2.47% for QLD as a whole.
Across a shorter period, Albion, 4010 has seen a median price increase of 0.26% over the last quarter.
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 -10.13% is being offered, which puts this QLD suburb at 277th most discounted overall in Australia.
At number 2399 in a list of fastest selling suburbs, Albion is in the bottom 40% of suburbs in Australia with an average of days on market 84.16 for properties listed there.
Situated 4.17km from the CBD, Albion is one of Brisbane localities in the postcode 4010.
QLD has seen average median house prices change by 0.74% which means that Albion, 4010 has done well for property investors by showing a capital gain of -9.18% over the last year
If we look at median property appreciation over just the last three months, Albion has given property investors a paper return of -5.12%. This puts Suburb as 320 on a list of fastest fasting appreciating suburbs in QLD
Vendor discounting in Albion is giving property investors an average Vendor Discount of around -5.44%. This puts suburb at number 175th in QLD when ranking the most discounted suburbs.
Residents and property investors in Albion have been waiting around 75.87 days to sell a property.
With the median price for a house in Albion being $445000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.67%