Albion (postcode 4010) is a smaller suburb in Queensland within the Brisbane local government area. With a population of 3,446, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $103K per year, with an average household size of 1.9 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% 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 managers, technicians & trades, labourers. Employment in the area leans toward agriculture and public admin & safety. The top ancestries reported are Australian, English, German.
Albion has a median house price of $1.3 million, holding roughly steady year-on-year. The median weekly rent is $410 (Census 2021). This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $1,950.
The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
From an investment perspective, Albion shows a gross rental yield of approximately 1.6%, rated as low yield. Property prices are near the state median ($1.3M/$1.1M). The price-to-income ratio of 12.8x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.