Albany Creek

POSTAL CODE: QLD, 4035
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Property investors have seen a 6.36% gain in ALBANY CREEK based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on ALBANY CREEK, 4035 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 12.5%.

Based on its average 5-year and quarterly capital gains ALBANY CREEK, 4035 saw average growth in the long term.

The QLD suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,170,000

Profits averaged 10.67% per annum over a 3-year period, due to an upward trend in home prices in ALBANY CREEK, 4035.

This means, real estate investors could earn a rental income of $750 based on current median home prices for the suburb.

The gross rental yield in ALBANY CREEK, 4035 is 3.33%.

An average of 16.58 real estate transactions take place per month in ALBANY CREEK which translates to 199 per annum.

Surburb overview

Albany Creek, situated approximately 17 kilometres northwest of Brisbane's CBD, is a well-established residential suburb known for its family-friendly atmosphere and range of amenities. The suburb has a population of around 16,385 people, with the predominant age group being 50-59. Many residents are families and professionals, making it an ideal location for those seeking a suburban lifestyle with good access to the city.

The suburb offers a variety of housing options, including detached houses and modern units. The median house price in Albany Creek is approximately $1,000,000, while units average around $730,000. The rental market is also strong, with median weekly rents at $700 for houses and $660 for units, yielding rental returns of 3.84% for houses and 4.63% for units.

Albany Creek is known for its excellent schools, with Albany Creek State High School, Albany Creek State School, and Albany Hills State School serving the area. Several parks and recreational facilities make it a popular suburb for families. Public transport options include bus services connecting Albany Creek to the Brisbane CBD and surrounding suburbs.

The suburb features a mix of residential and recreational areas, with over 52% designated as General Residential and 12% as Recreation and Open Space. This combination provides residents with ample green spaces and a peaceful living environment.

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