Suburb Profile Report for Albany Creek QLD (4035)

Albany Creek House: Median price $583,750, Annual capital growth 3.16%, Number of sales 219, Weekly median advertised rent $460

Albany Creek Unit: Median price $405,000, Annual capital growth 2.77%, Number of sales 26, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

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.

Information supplied by:


July 2017

M
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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

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
Metrics i HOUSE UNIT
$583,750 $405,000
-1.06% -0.74%
0.30% -4.93%
3.16% 2.77%
$460 $400
219 26
4.10% 5.14%
35.6 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Albany Creek QLD
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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