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Albion

POSTAL CODE: QLD, 4010
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Figures from the previous quarter show that capital gains for real estate buyers in ALBION are high, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $700 based on current median home prices for the suburb.

On average, rents on listings have reached the $700 mark, reflecting a 3.39% increase in returns based on the current median price in ALBION.

ALBION, 4010 ranks 959th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 524th on the list of best yielding suburbs for rental properties in QLD, posting a 3.39% return.

Surburb overview

Albion, Queensland 4010, is an inner-northeastern suburb of Brisbane, approximately 5 kilometres from the central business district (CBD). The suburb uniquely blends traditional charm and modern amenities, making it a popular choice for young professionals, families, and students. The population of Albion was 3,446 as of the 2021 census, with the predominant age group being 20-29 years. The area is known for its diverse demographic, and many residents have reported their household incomes as between $78,000 and $130,000 annually.

The housing market in Albion features a mix of property types, including renovated Queenslanders, modern apartments, and family homes. Over the past 12 months, 22 houses and 128 units have been sold in the suburb. The median rent is around $645 per week for houses and $585 per week for units, with rental yields of 3.39% and 5.41%, respectively. The suburb’s rental solid demand makes it an attractive option for property investors.

Albion’s proximity to Brisbane’s CBD and well-established transportation network, including the Albion train station and multiple bus routes, ensures convenient access to other parts of the city. Additionally, the suburb offers various amenities, such as local cafes, restaurants in the Albion Village dining precinct, and green spaces like Crosby Park, catering to a wide range of lifestyles.

Educational facilities in the area include reputable public and private schools, and the suburb is also close to Brisbane’s major universities. The local planning zones support a mix of residential, commercial, and recreational uses, enhancing the suburb’s appeal to residents and businesses.

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