Suburb Profile
Albion - FREE SUBURB PROFILE REPORT POSTAL CODE: QLD,4010
Property investors enjoyed capital gains of 6.43% over the last 12 months in ALBION, translating to lower returns compared with its peers in QLD.
The suburb posted a 14.44% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $537.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $537.5 mark, reflecting a 3.67% increase in returns based on the current median price in ALBION.
ALBION, 4010 ranks 256th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 621st on the list of best yielding suburbs for rental properties in QLD, posting a 3.67% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $761,000 | $481,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | -2.34% |
| Median 12 month | 6.43% | -0.82% |
| Median 3 years | 14.44% | 13.04% |
| Median 5 years | 44.95% | 6.65% |
| 10 years average annual | 3.87% | 4.44% |
| Weekly media advert. rent | $537.5 | $400 |
| Time on Market | 76.2 days | 79.6 days |
| Gross Rental Yield Percent | 3.67% | 4.32% |
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