If you compare the increase in value of investment property in Albany Creek, 4035 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.82%.
Across a shorter period, Albany Creek, 4035 has seen a median price increase of -0.81% over the last quarter.
Albany Creek, 4035 is offering QLD ‘s 690th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.
Often selling an investment property can take time, and in Albany Creek the average time real estate has been on the market is 45.7927 days.
Albany Creek is 561th on a list of best yielding suburbs for rents in QLD with a 4.19% return
At number 1269th in the list of Australian suburbs ordered by increase in median house value over the last year, Albany Creek, 4035 is in the BOTTOM 20% with a property value increase of -8.88% recorded in median house prices.
Comparing Albany Creek,4035 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Residents and property investors in Albany Creek have been waiting around 100.267 days to sell a property.
Situated 14.56km from the CBD, Albany Creek is one of Moreton Bay (R) localities in the postcode 4035.
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Stock plummets in Moreton Bay centre
Median unit price: $415,000
Stock on market: -39%
12-month growth: -1.48%
While pockets of Brisbane are facing potential oversupply, the suburb of Albany Creek bucks this trend by reporting a 39% decrease in overall stock over the past 12 months leading up to April 2017, as per Real Estate Investar.
This Moreton Bay suburb is roughly a 30-minute drive north of the Brisbane CBD, which is a significant factor that appeals to prospective buyers. However, despite strong performance in recent years, apartment prices have fallen slightly (by approximately 1.5%) in the past year.
Albany Creek’s many amenities could be its saving grace, nonetheless. It is the site of several primary schools and a high school. It also houses many restaurants and various shopping centres, making it a major service centre in the region. Buses also run to and from Brisbane daily.