Albion, QLD 4010: Suburb Profile & Property Report

Market Report

House report
Unit Report

Albion has 28 houses available for sale. The median property price for a house is currently $1,100,000 with annual capital growth of -15.38% . There were 22 house sales in the past 12 months. On average, houses spend 21 days on market.

If you're thinking about buying an investment property in Albion, consider that rental yields for houses are currently 3.36% with an average median rent of $650 weekly. Houses have seen -13.39% growth in the past quarter, and -15.38% growth in the past 12 months.

The size of Albion is approximately 1.4 square kilometres. It has 6 parks covering nearly 22.1% of total area. The population of Albion in 2011 was 1,986 people. By 2016 the population was 2,290 showing a population growth of 15.3% in the area during that time. The predominant age group in Albion is 20-29 years.

Households in Albion are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albion work in a professional occupation. In 2011, 47.4% of the homes in Albion were owner-occupied compared with 37.5% in 2016.

Albion has 94 units available for sale. The median property price for a unit is currently $600,500 with annual capital growth of 21.31% . There were 130 unit sales in the past 12 months. On average, units spend 10 days on market.

If you're thinking about buying an investment property in Albion, consider that rental yields for units are currently 5.24% with an average median rent of $580 weekly. Units have seen 1.32% growth in the past quarter, and 21.31% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$1,100,000	$600,500
Quarterly growth	-13.39%	+1.32%
12-month growth	-15.38%	+21.31%
Average annual growth	+7.26%	+9.30%
Weekly median rent	$650	$580
Gross rental yield	3.36%	5.24%
Number of Sales (12m)	22	130
Avg. Days on Market (12m)	21	10

Jump to Market Trends

Key Demographics	2011	2016
Total population	1,986	2,290
Population change (5y)	+2.32%	+15.30%
Median household income (p/w)	$1,497	$1,742
Household income change (5y)	+36.09%	+16.37%
Median age of persons	34	33

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Albion is $1,100,000 for houses and $600,500 for units.

The Median Growth in Albion over the past 12 months is -15.38% for houses and 21.31% for units.

Over the past 12 months there were 22 houses sold and 130 units sold in Albion. On average, houses spent 21 days on market and units spent 10 days on market.

In the past 12 months up to August 2024 there were 22 houses sold and 130 units sold in Albion. On average, houses spent 21 days on market and units spent 10 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Albion is $650 for houses and $580 for units.

The Rental Yield in Albion is 3.36% for houses and 5.24% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Albion was 2,290 in 2016, a +15.30% change compared to 2011.

The predominant age group in Albion is 20-29 years.

The population of Albion was 2,290 in 2016, a +15.30% change compared to 2011.

The predominant age group in Albion is 20-29 years.

Most of the population in Albion were born in Australia.

Most of the population in Albion report their religion as No Religion.

Most of the population in Albion report their religion as Catholic.

Most of the population in Albion report their income range as between $78,000 and $130,000 .

The median household income in Albion was $1,742 in 2016, a +16.37% change compared to 2011.

Most of the population in Albion report their income range as between $78,000 and $130,000 .

The median household income in Albion was $1,497 in 2011, a +36.09% change compared to 2006.

Most of the population in Albion work as Professional.

The chart below demonstrates the various levels of education in Albion.

Most of the population in Albion reached a qualification level of Bachelor.

2011 2016

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