Suburb Profile Report for Albany Creek QLD (4035)

Albany Creek House: Median price $615,000, Annual capital growth 2.87%, Number of sales 191, Weekly median advertised rent $500

Albany Creek Unit: Median price $395,000, Annual capital growth 1.01%, Number of sales 22, Weekly median advertised rent $423

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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At number 809th in the list of Australian suburbs ordered by increase in median house value over the last year, Albany Creek, 4035 is in the top 20% with a property value increase of 6.03% recorded in median house prices.

Across a shorter period, Albany Creek, 4035 has seen a median price increase of 1.07% over the last quarter.

Property buyers and investors in Albany Creek 4035 should be seeing an average reduction in asking price of around -4.13% . This means that Albany Creek is holding prices well when compared to other suburbs in QLD.

Albany Creek, 4035’s gross rental yield is 4.23%

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 -1.56%.

Across a shorter period, Albany Creek, 4035 has seen a median price increase of 0.64% over the last quarter.

At number 990 in a list of fastest selling suburbs, Albany Creek is in the bottom 30% of suburbs in Australia with an average of days on market 96.6 for properties listed there.

The QLD suburb of Albany Creek, 4035 is in the Moreton Bay (R) local government area.

Information supplied by:


July 2017

M
O

W
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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.

Metrics i HOUSE UNIT
$615,000 $395,000
1.07% 0.64%
6.03% -1.56%
2.87% 1.01%
$500 $423
191 22
4.23% 5.53%
48.2023121387283 96.6

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 15860
Median household income ($/weekly) 1807
Median age of persons 38
Median housing loan repayment ($/monthly) 1950
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 2435 15.4
    25-34 years 1459 9.2
    35-44 years 2336 14.7
    45-54 years 2711 17.1
    55-64 years 1836 11.6
    Others 5083 32.0
    Age Group
    Census Count Percent(%)
    Registered Married 6783 57.4
    Not Married 4227 35.8
    Defacto Relationship 810 6.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 12536 81.0
    Papua New Guinea 538 3.5
    South Africa 321 2.1
    United Kingdom 975 6.3
    Other 324 2.1
    Others 774 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 102 0.7
    Christianity 11916 79.4
    Hinduism 88 0.6
    Islam 39 0.3
    No Religion 2830 18.8
    Others 39 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 348 7.2
    $1,500-$1,999 688 14.3
    $2,000-$2,499 630 13.1
    $2,500-$2,999 624 13.0
    $3,000-$3,499 435 9.0
    Others 2089 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5418 44.8
    Not in the labour force 3181 26.3
    Employed, worked part-time 2708 22.4
    Employed, away from work 447 3.7
    Unemployed, looking for work 343 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1087 12.7
    Professionals 1855 21.6
    Technicians & trades workers 1226 14.3
    Clerical & administrative workers 1619 18.9
    Sales 920 10.7
    Others 1867 21.8
    Occupation
    Census Count Percent(%)
    Pre-school 216 5.0
    Infants/Primary 1687 39.3
    Secondary 1270 29.6
    Technical or Further Educational Institution 299 7.0
    University or other Tertiary Institutions 741 17.3
    Others 75 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14684 95.3
    Semi-detached, row or terrace house, townhouse 652 4.2
    Flat, unit or apartment 68 0.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2592 49.4
    Fully owned 1788 34.1
    Rented 739 14.1
    Other tenure type 131 2.5
    Tenure Type
Census 2011, ABS
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