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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Albion, the median property price for a house is currently 1,100,000 with annual capital growth of -10.20 . There were 23 house sales in the past 12 months. On average, houses spend 18 days on market.
If you're thinking about buying an investment property in Albion, consider that rental yields for houses are currently 3.38 with an average median rent of 632 weekly. Houses have seen 0.00 growth in the past quarter, and -10.20 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.
In Albion, the median property price for a unit is currently 610,000 with annual capital growth of 23.23 . There were 128 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 5.19 with an average median rent of 580 weekly. Units have seen 1.50 growth in the past quarter, and 23.23 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.
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| Key Market Data | House | Unit |
| Median price | 1,100,000 | 610,000 |
| Quarterly growth | 0.00 | +1.50 |
| 12-month growth | -10.20 | +23.23 |
| Average annual growth | +7.26 | +9.50 |
| Weekly median rent | 632 | 580 |
| Gross rental yield | 3.38 | 5.19 |
| Number of Sales (12m) | 23 | 128 |
| Avg. Days on Market (12m) | 18 | 10 |
| 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 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
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 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.
Most of the population in Albion work as Professional.
The chart below demonstrates the various levels of education in Albion.
The chart below demonstrates the various levels of education in Albion.
Most of the population in Albion reached a qualification level of Bachelor.
Most of the population in Albion reached a qualification level of Bachelor.
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