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Albion, QLD 4010

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong GrowthWalkable

Median House

$2,155,000

list-price estimate

Median Unit

$840,000

market range $800K-$925K

Gross Yield (units)

4.3%

1yr Growth (houses)

+14.1%

market range +5.0% to +32.5%

Investment snapshot for Albion

Albion has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Albion market and investor summary

Albion sits in QLD, postcode 4010. House prices have moved +14.1% over the past year and +20.3% over three years. At 1.3% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 1.3% and a resident base that is not shrinking.

Living in Albion: people, income and schools

Albion has a resident population of roughly 3,446, and the area has been growing steadily, up about 20% over five years. At a median age of 33, it reads as broadly working-age, with renters making up 60% of households. A renter base that size keeps demand for well-priced rentals fairly consistent, though rents do most of the work on the return.

The typical household income runs to around $103,000 a year (about $1,970 a week). On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index).

Families have 68 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Albion sits about 4.7 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 70 for walkability and 75 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Curb.

Population
3,446
+20% over 5yr
Median age
33 years
Median household income
$103,000/yr
Households renting
60%
Family households
49%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
68
avg ICSEA 1155
Unemployment
3.4%
Distance to CBD
4.7 km
Walk score
70/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Albion

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Frequently asked questions about Albion

What should I check before investing in Albion?

Albion has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.3% gives a usable rent-to-price starting point. Capital growth of +14.1% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Albion?

The median property price in Albion, QLD 4010 is $840K for units.

What rental yield does Albion show?

The gross rental yield in Albion is 4.3% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Albion?

House prices in Albion are up 14.1% over the past year and up 20.3% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Albion?

The current vacancy rate in Albion is 1.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Albion?

Albion has a population of approximately 3,446 residents, with a median age of 33.

What schools are near Albion?

There are 68 schools within roughly 5km of Albion. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Albion's population growing?

The population of Albion has grown about 20% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Albion from the CBD?

Albion is about 4.7 km from the CBD.

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