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Albion Park Rail suburb profile

Albion Park Rail is a semi-rural suburb in the Illawarra that grew up around its railway station on the South Coast line, giving it a quietly practical, commuter-friendly character. Streets nearer the station have older weatherboard cottages and modest brick homes, while the outer parts open into larger lots and newer residential estates. Residents enjoy local shops and community facilities within walking distance, with bigger retail and services a short drive away in Albion Park and Shellharbour. Proximity to Lake Illawarra and the coast means easy access to water-based recreation, while the Princes Highway and the train make daily travel straightforward.

Albion Park Rail property market performance

Current median dwelling price$684,750Past 3 months

Property growth+5.8%Past 12 months

Albion Park Rail has relatively few recent unit sales, so there isn't enough data to publish a reliable median unit price. The median house price is $865,000, up a slight 1.9% over the last 12 months. Unit values rose a solid 9.8% over the same 12 months, so unit values grew faster than house values.

Over the last 3 months there were 22 house sales and 3 unit sales. Houses sold in a median of 20 days and units in 16 days, so they sold in a similar time.

The rental market in Albion Park Rail saw house rents average $690 a week, up a solid 6.2% over the last 12 months. Unit rents averaged $540 a week, up a solid 5.9% over the same period, so rents for both property types grew at a similar pace.

HousesUnits
Median price
Past 3 months
$865KN/A
Change in value
Past 12 months
1.9%9.8%
Sold
Past 3 months
223
Median days on market
Past 12 months
2016
Average rent
Past 12 months
$690$540
Change in rent
Past 12 months
6.2%5.9%

5 year median price trend for houses and units

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Albion Park Rail demographics

A community of 6,920 people has a median age of 41 and a median household income of $1,411 a week, roughly $73,400 a year.

Families make up the bulk of households: couple families without children are the largest group at 40.1%, while couple families with children account for 35.9% — together about three in four families. One-parent families represent 22.0% of families, and other families make up 2.0%.

In Albion Park Rail, most homes are owner-occupied, adding outright ownership (34.9%) and homes with a mortgage (37.8%) to about 72.7% owner-occupation, while renters comprise 27.3% of dwellings.

Suburbs near Albion Park Rail

Some popular suburbs near Albion Park Rail include:

  • Oak Flats: suburb on the western shore of Lake Illawarra with lakeside parks.
  • Albion Park: established town centre with a village feel and community facilities.
  • Haywards Bay: coastal residential area with newer housing and pleasant water views.
  • Blackbutt: leafy suburb with larger blocks and pockets of native bushland.
  • Mount Warrigal: foreshore suburb with parks, promenades and lake-facing outlooks.

How does Albion Park Rail compare to nearby suburbs?

  • Median house prices: Albion Park Rail’s median house price is 5.1% lower than Oak Flats’s.
  • House price growth: Property prices in nearby Oak Flats have risen 6.9% more than in Albion Park Rail over the past year.
  • Unit price growth: Over the past 12 months, unit prices in Albion Park Rail have grown 11.6% higher than in Oak Flats.
  • Selling speed for houses: Properties in Albion Park Rail are selling 9.1% faster than in Oak Flats.
  • Selling speed for units: Properties in Albion Park Rail are selling 59.0% faster than in Oak Flats.

Choose the right real estate agents in Albion Park Rail

Choosing the right real estate agent in Albion Park Rail can have a big impact on your sale. While there are 45 real estate agents working in the suburb, but just 5 of them were responsible for 47.5% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.63% to 2.63%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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