Albion, a suburb of Richmond in Queensland, offers a unique blend of residential vibrance and significant growth potential in its housing market. Known for its strategic location, just a short distance from Brisbane's central business district, Albion has been gaining attention from homeowners and investors alike. The housing market here is characterized by a diverse mix of property types, including charming Queenslander homes, modern apartments, and new developments that are attracting a varied demographic, from young professionals to families. The suburb has seen a steady increase in property values, driven by its proximity to major transport links and local amenities. In recent years, initiatives to enhance the local infrastructure and community facilities have also contributed to Albion's growing appeal, making it an attractive proposition for those looking to invest in the Brisbane property market.
Living in Albion offers a dynamic and enriching experience, characterized by a welcoming community and a lifestyle that balances urban convenience with suburban tranquility. Residents enjoy easy access to a range of local amenities, including boutique shops, cafes, and eateries along Sandgate Road, as well as recreational facilities like parks and walking trails. The suburb's transport connections make commuting straightforward, with robust bus and train services linking Albion to Brisbane's CBD and surrounding areas. For families, the presence of reputable schools and community centers provides added value. The area boasts a strong sense of community, with numerous events and initiatives aimed at fostering a tight-knit neighborhood feel. Overall, Albion provides a vibrant living environment that caters to both the young and the young at heart, offering all the necessary elements for a balanced and fulfilling lifestyle.
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Housing Stock
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Thinking about buying in Albion? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Albion there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Albion is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Albion changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Albion necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Albion we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Albion a better buying opportunity than it may have been in the past.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Albion there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 3.4 | 24.1 | 37.8 | 29.8 | 76.1 | 4.3 | 26.7 |
| Feb | 3.9 | 22.8 | 36.6 | 31.8 | 79.1 | 4.1 | 25.2 |
| Mar | 3 | 21.5 | 35 | 34.2 | 79.6 | 4.3 | 22.7 |
| Apr | 0.2 | 18.2 | 33.9 | 26.2 | 70.1 | 4.4 | 21.0 |
| May | 0.2 | 12.6 | 29.3 | 25.8 | 71.6 | 4.2 | 17.6 |
| Jun | 0.4 | 9.9 | 26.8 | 28.0 | 74.9 | 4.1 | 16.5 |
| Jul | 0.6 | 9.6 | 27.4 | 24.0 | 66.8 | 4.1 | 17.6 |
| Aug | 0.0 | 10.3 | 29.3 | 18.4 | 54.5 | 4.4 | 20.2 |
| Sept | 0.1 | 14.3 | 33.5 | 15.5 | 50.5 | 4.4 | 23.9 |
| Oct | 0.2 | 19.3 | 37.1 | 15.2 | 51.3 | 4.6 | 27.2 |
| Nov | 1.1 | 22.2 | 38.4 | 18.7 | 59.4 | 4.5 | 27.4 |
| Dec | 2.6 | 23.5 | 38.8 | 23.3 | 65.4 | 4.5 | 27.4 |
source: Australian Government Bureau of Meteorology
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