Albany Creek (postcode 4035) is an established suburb in Queensland within the Moreton Bay local government area. With a population of 16,385, the suburb has a settled mid-life population with a median age of 40. Households earn a median income of $118K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.1% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
Median house prices in Albany Creek stand at $973,000, having climbed sharply by 10.6% over the last twelve months. Units have a median price of $651,000 (+6.7% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $2,037.
Albany Creek is served by 5 schools, including 3 primary, 1 secondary, 1 combined. The average ICSEA score is 1062, which is above the national average of 1,000. Public transport access includes 51 bus stops. The crime rate in the Moreton Bay LGA is moderate at 4,728 incidents per 100,000 population.
From an investment perspective, Albany Creek shows a gross rental yield of approximately 4.0%, rated as moderate yield. Property prices are near the state median ($973K/$1.1M). The price-to-income ratio of 8.3x is considered moderate. House prices have moved +10.6% year-on-year. Population growth of +2.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.