Albion Park Rail is a residential suburb in New South Wales, sitting within the 2527 postcode. Located approximately 87km from the Sydney CBD, the suburb benefits from solid transport and amenity access.
Albion Park Rail has a population of approximately 6,920, a median age of 40, a median weekly household income of $1,573. With 71% owner-occupier rate, this is predominantly a homeowner market, which supports long-term price stability. Across the broader LGA, 23.1% of residents hold a university qualification.
Key employment industries in the broader local government area include Health Care and Social Assistance (18.1%), Construction (12.4%), Retail Trade (11.0%).
The current median house price in Albion Park Rail is $850,000. Average annual growth sits at 7.4% over five years, reflecting steady capital appreciation. Prices have moved 4.81% over the past 12 months.
Properties in Albion Park Rail spend an average of 32 days on market. Online buyer demand is currently rated as high online demand. Stock on market sits at 0.32%. With inventory levels at just 1.11 months, supply is tight relative to demand. The average vendor discount is -3.1%, meaning sellers are typically negotiating below asking price.
The median weekly rent for houses in Albion Park Rail is $660. Gross rental yield is 4.04%, providing a solid income return. The vacancy rate of 0.86% signals very strong rental demand. Rental growth is 1.54% year-on-year.
The broader local government area is forecast to grow from 80,745 to 85,526 residents by 2031, representing 5.9% population growth. This level of growth typically supports continued demand for housing and infrastructure investment.
Explore other suburb profiles in the area: Albion Park, NSW, Tullimbar, NSW, Lake Illawarra, NSW, Unanderra, NSW, Warilla, NSW.
Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Albion Park Rail or need help identifying the right suburb for your strategy, get in touch with our team.
The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.