Albany Creek, 4035 ranked 572th in QLD when comparing growth in median property values or capital gain over the last 12 months. Albany Creek is one of 2415 in our list for QLD
A 22.89% growth in median value for property investors in Albany Creek,4035 puts this suburb at number 600th in terms of best performing suburbs in QLD
Our latest figures would indicate that property sellers in Albany Creek are currently offering property investors an average price cut of -4.64% below the asking price at the moment.
Advertised rents are around the $460 mark per week – giving a return of 4.10% based on the median price in Suburb
Property investors who have had real estate in Albany Creek, 4035 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.93%
If we look at median property appreciation over just the last three months, Albany Creek has given property investors a paper return of -0.74%. This puts Suburb as 239 on a list of fastest fasting appreciating suburbs in QLD
In the last year 26 properties changed hands in Albany Creek, which puts it as the 263th most active market in QLD when comparing the number of sales per suburb.
Property investors should expect to get $400 weekly from the median priced house in this suburb.
While pockets of Brisbane are facing potential oversupply, Albany Creek bucks this trend by reporting a 39% decrease in overall stock over the past 12 months leading up to April 2017, according to Real Estate Investar.Full summary
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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.Close