Albion is in the bottom 40% in QLD when comparing median price capital growth over the last year. Albion gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.26%.
Over the longer term, Albion has seen property prices show investors a 10.26% return over the last 3 years. This is worse than over the last 12 months
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.61% offered to property buyers. Sellers in Albion itself are offering an average vendor discount of -10.13% to real estate investors.
On average over the past year, suburb has had 1.92 sales per month, which equates to 23 per year.
Albion, 4010 ranked 324th 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
While Albion,4010 ranked number 309th in QLD for increase in median house value (annualised) increase, it is ranked 291th over the last 5 years.
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 -5.74% is being offered, which puts this QLD suburb at 530th most discounted overall in Australia.
Advertised rents are around the $400 mark per week – giving a return of 4.77% based on the median price in Suburb