Property investors enjoyed capital gains of 10.13% over the last 12 months in ALBION, translating to lower returns compared with its peers in QLD.
The suburb posted a 14.95% 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 $477.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $477.5 mark, reflecting a 3.26% increase in returns based on the current median price in ALBION.
ALBION, 4010 ranks 151st in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 689th on the list of best yielding suburbs for rental properties in QLD, posting a 3.26% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||10.13%||8.04%|
|Median 3 years||14.95%||16.94%|
|Median 5 years||35.89%||15.99%|
|10 years average annual||4.47%||5.7%|
|Weekly media advert. rent||$477.5||$390|
|Time on Market||76.2 days||99.9 days|
|Gross Rental Yield Percent||3.26%||4.08%|