Albion at a glance
4,085
People
$1,455,000
Median sale
$702/wk
Median rent
2.51%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
$1,535,000
Last sold
8 Oct 2021
6
Bedrooms
6
Bathrooms
5
Car spaces
814 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,535,000
8 Oct 2021 · derived via latest_sale
Albion at a glance
4,085
People
$1,455,000
Median sale
$702/wk
Median rent
2.51%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Albion
+5.5%
Median sale
Suburb $1,455,000
-0.13 pp
Gross yield
Suburb 2.51%
Suburb median $1,455,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $702/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Albion at a glance
4,085
People
$1,455,000
Median sale
$702/wk
Median rent
2.51%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Aurora Property BrisbaneOnly 5kms from the CBD with access to nearby public transport, major roads and local amenities, this property is just waiting for a savvy investor to make full use of its potential.
All six apartments are well sized for studios, with each including a spacious bedroom/living space and separate kitchen/dining, along with a tidy bathroom. Some of the apartments incorporate original features of the property such as VJ walls and hardwood floors.
Carports and separate laundries for each studio are located under the property, along with a large storage area.
The property offers plenty of potential for development that will help you maximise your investment. Renovate the existing structure to something more suiting your preferences or take full advantage of the large block size to knock down and replace with brand new units/townhouses, there is currently a DA (Development Application) for five townhouses - the choice is yours! The existing studio apartments with their high rental yields are a great source of income while you plan your next move thanks to the excellent location - proximity to major roads and public transport ensures you'll always have tenants looking to move in.
The Albion location provides access to excellent features in the surrounding area. Lutwyche Shopping Centre is a few streets away, while main road access puts shopping, dining and bars in Albion, Clayfield and Chermside within easy reach. Nearby Albion and Wooloowin stations combine with Lutwyche and Sandgate roads to ensure quick travel into the city and out of town. The property's close proximity to nearby schools is an additional reason to consider development in order to capture a large new tenant base.
This is a fantastic opportunity for investors looking to make their mark in Brisbane. Turn this into your Place by calling today!
** Disclaimer**
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied)in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.
Listing description written by Mario Sultana, Aurora Property Brisbane — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.