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Sales Activity
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Population
Albion lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends
Albion's population is around 5,030 as of Aug 2025. This reflects an increase of 725 people since the 2021 Census which reported a population of 4,305 people. The change was inferred from ABS estimated resident population of 4,820 in June 2024 and additional validated new addresses since the Census date totalling 113. This level of population equates to a density ratio of 3,331 persons per square kilometer, placing Albion in the upper quartile relative to national locations assessed by AreaSearch. Albion's growth rate of 16.8% since the 2021 census exceeded both the national average (8.6%) and state averages. Population growth was primarily driven by overseas migration contributing approximately 59.1%.
AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered, Queensland State Government's SA2 area projections released in 2023 based on 2021 data are adopted. Future population dynamics anticipate significant growth, with Albion expected to increase by 1,774 persons to 2041 based on latest numbers, reflecting a total increase of 31.1% over the 17 years.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development activity positions Albion among the top 25% of areas assessed nationwide
Albion averaged approximately 32 new dwelling approvals per year. Development approval data is produced by the Australian Bureau of Statistics on a financial year basis, with 161 dwellings approved between FY-21 and FY-25, and an additional 1 approved so far in FY-26. On average, around 5.5 people moved to the area for each dwelling built over these past five years. This indicates that supply is substantially lagging demand, which typically leads to heightened buyer competition and pricing pressures.
New properties are constructed at an average value of $3,068,000, suggesting developers focus on the premium market with high-end developments. As of this financial year, $6.4 million in commercial approvals have been registered, reflecting the area's residential character. Compared to Greater Brisbane, Albion has similar development levels per person, maintaining market balance consistent with the broader area, although development activity has moderated recently. Recent construction comprises 6.0% detached dwellings and 94.0% townhouses or apartments, marking a significant shift from existing housing patterns (currently 24.0% houses). This trend suggests diminishing developable land availability and responds to evolving lifestyle preferences and housing affordability needs.
With around 1259 people per dwelling approval, Albion reflects a highly mature market. Population forecasts indicate Albion will gain 1,564 residents by 2041. At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.
Frequently Asked Questions - Development
Infrastructure
Albion has strong levels of nearby infrastructure activity, ranking in the top 40% nationally
Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified 34 projects that could impact the area. Notable ones include Albion Exchange, Brookfield BTR - 11-23 MacArthur Avenue, Platinum at Hamilton (formerly Icon), and The Cullen Hamilton. The following list details those most likely to be relevant.
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Frequently Asked Questions - Infrastructure
Brisbane Showgrounds Regeneration Project
Major redevelopment of the Brisbane Showgrounds precinct including new commercial towers, residential apartments, retail spaces, upgraded main arena (20,000 seats), and athlete village facilities for Brisbane 2032 Olympics while maintaining annual Ekka operations. Post-Olympics legacy includes permanent housing and enhanced community facilities.
Greville Wooloowin
A $300 million masterplanned community featuring 84 three-bedroom townhomes, over 200 apartments across three buildings (including the six-storey Vera building), and heritage residences within the restored 1800s Holy Cross Laundry building. Located just 5km from Brisbane's CBD on a 3.5-hectare site, Greville offers resort-style amenities including a 4,000 square metre public park (completed 2023), recreation area with pool, BBQ facilities, and rooftop amenities. The first townhomes settled in late 2024, with Vera apartments and final townhome release currently under construction for completion in early 2027.
Fabcot Hudson Road Development (The Albion)
Mixed-use transit oriented development at the former Albion Flour Mill site proposing two residential towers (456 build-to-rent apartments) above a retail podium with a full-line Woolworths supermarket, BWS and food and beverage tenancies, plus an elevated pedestrian link to Albion Station.
Albion Exchange
$1 billion transit-oriented development over 15 years featuring 10 stages. Stage One includes two residential towers with 327 apartments (20-storey and 19-storey) comprising studios, one, two, three, and four-bedroom configurations. The development integrates with the upgraded Albion train station and includes 1,658sqm of ground-floor retail space, over 3,000sqm of amenities including gym, outdoor pool, wellness facilities and green spaces. Main construction works anticipated to commence Q1 2026 with completion Q4 2027.
Platinum at Hamilton (formerly Icon)
Three-tower mixed-use development (formerly Icon, now Platinum) by Wentworth Equities with DA approval for up to 433 apartments across towers up to 30 storeys. Tower 1 has final approval (153 units), Towers 2-3 have preliminary approval. Originally $650M project redesigned to $700M. Project redesigned by Fuse Architecture with subtropical feel and sky garden features. Located on 7,637sqm site within Brisbane 2032 Olympic precinct.
Albion Exchange
Albion Exchange is a transit-oriented development around the upgraded Albion Train Station in Brisbane, featuring up to 1200 new residences, retail, commercial, and lifestyle spaces, along with significant transport infrastructure improvements to support future interchange demand.
Brookfield BTR - 11-23 MacArthur Avenue
Brookfield's first Australian build-to-rent project featuring dual 23-storey towers with 560 purpose-built rental apartments designed by Fender Katsalidis. Part of Brookfield's $400 million investment and $1.3 billion Portside Wharf precinct expansion. Features concierge, resort-style amenities, co-working spaces, targeting 4 Star Green Star rating with sustainable design and 100% electric, fossil fuel-free operations.
Northshore Hamilton Street Renewal
Infrastructure renewal program preparing Northshore Hamilton for Olympic Athletes' Village. Includes road upgrades, utility improvements, and enhanced connectivity. Part of broader urban renewal supporting Brisbane 2032 preparations.
Employment
Employment conditions in Albion demonstrate strong performance, ranking among the top 35% of areas assessed nationally
Albion has a highly educated workforce with significant representation in professional services. The unemployment rate was 3.5% as of the past year, with an estimated employment growth of 3.3%.
As of June 2025, there are 3,426 residents employed, and the unemployment rate is 0.6% lower than Greater Brisbane's rate of 4.1%. Workforce participation in Albion is high at 73.7%, compared to Greater Brisbane's 64.5%. Employment is concentrated in health care & social assistance, professional & technical services, and retail trade. Notably, professional & technical employment is at 1.5 times the regional average.
Manufacturing has limited presence with 3.9% employment compared to 6.4% regionally. There are 1.1 workers for every resident, indicating Albion functions as an employment hub attracting workers from surrounding areas. Over the 12 months to June 2025, employment increased by 3.3%, and labour force grew by 2.9%, reducing the unemployment rate by 0.4 percentage points. In comparison, Greater Brisbane recorded employment growth of 4.4% with a similar reduction in unemployment. State-level data from Sep-25 shows Queensland's employment contracted by 0.23%, with an unemployment rate of 4.2%. Nationally, the unemployment rate is 4.5%, and employment grew by 0.26%. Jobs and Skills Australia projects national employment growth at 6.6% over five years and 13.7% over ten years. Applying these projections to Albion's employment mix suggests local growth of approximately 7.0% over five years and 14.3% over ten years, though this is a simplified extrapolation for illustrative purposes.
Frequently Asked Questions - Employment
Income
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch
Albion shows a median taxpayer income of $63,648 and an average of $87,578 according to the latest postcode level ATO data aggregated by AreaSearch for financial year 2022. This is significantly higher than Greater Brisbane's median income of $55,645 and average income of $70,520. Based on Wage Price Index growth of 11.71% since financial year 2022, estimated incomes as of March 2025 would be approximately $71,101 (median) and $97,833 (average). Census data indicates individual earnings at the 89th percentile nationally are $1,161 weekly. Income brackets show that the largest segment comprises 37.7% earning $1,500 - 2,999 weekly, with 1,896 residents in this bracket. This is similar to the surrounding region where 33.3% occupy this income bracket. High housing costs consume 17.5% of income. Despite this, strong earnings place disposable income at the 67th percentile nationally. The area's SEIFA income ranking places it in the 8th decile.
Frequently Asked Questions - Income
Housing
Albion features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region
Albion's dwellings were 23.9% houses and 76.1% other types (semi-detached, apartments, 'other' dwellings) as per the latest Census. Brisbane metro had 36.5% houses and 63.6% other dwellings. Home ownership in Albion was at 15.5%, with mortgaged dwellings at 22.9% and rented at 61.6%. The median monthly mortgage repayment was $2,000, lower than Brisbane metro's average of $2,167. Median weekly rent in Albion was $410, matching Brisbane metro's figure but higher than the national average of $375. Nationally, Albion's mortgage repayments were above the Australian average of $1,863.
Frequently Asked Questions - Housing
Household Composition
Albion features high concentrations of group households and lone person households, with a lower-than-average median household size
Family households constitute 52.1% of all households, including 13.0% couples with children, 30.0% couples without children, and 6.8% single parent families. Non-family households account for the remaining 47.9%, with lone person households at 37.6% and group households comprising 10.1%. The median household size is 2.0 people, smaller than the Greater Brisbane average of 2.2.
Frequently Asked Questions - Households
Local Schools & Education
Albion demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics
Educational attainment in Albion is notably high, with 46.3% of residents aged 15+ holding university qualifications, compared to 25.7% in Queensland (QLD) and 30.4% nationally. Bachelor degrees are most common at 33.1%, followed by postgraduate qualifications at 9.1% and graduate diplomas at 4.1%. Vocational credentials are also prevalent, with 27.5% of residents aged 15+ holding such qualifications – advanced diplomas at 11.5% and certificates at 16.0%. Educational participation is high, with 31.5% of residents currently enrolled in formal education, including 12.9% in tertiary, 7.0% in secondary, and 5.1% pursuing primary education.
Albion's educational landscape is anchored by St Margaret's Anglican Girls School, serving 1,407 students as of a specific date. The area demonstrates strong educational performance with an ICSEA score of 1158, placing local schools among the most advantaged nationally. All one school offers integrated K-12 education. Albion functions as an education hub with 28.0 school places per 100 residents, significantly above the regional average of 13.7, attracting students from surrounding communities.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Albion's public transport analysis indicates 24 active stops in operation, offering a mix of train and bus services. These stops are served by 60 individual routes, collectively facilitating 5,256 weekly passenger trips. Transport accessibility is rated excellent, with residents located an average of 151 meters from the nearest stop.
Service frequency averages 750 trips per day across all routes, translating to approximately 219 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Albion's residents are extremely healthy with very low prevalence of common health conditions across all age groups
Albion shows robust health metrics across all age groups, with low prevalence of common health conditions. Private health cover stands at approximately 64%, comprising 3,209 people, compared to Greater Brisbane's 71.3%. Nationally, this figure is 55.3%.
Mental health issues and asthma are the most prevalent conditions, affecting 9.6% and 8.7% of residents respectively. A total of 72.3% report no medical ailments, compared to Greater Brisbane's 73.7%. Albion has a higher proportion of seniors aged 65 and over at 14.3%, or 717 people, than Greater Brisbane's 12.2%. Despite this, health outcomes among seniors align with the general population's profile.
Frequently Asked Questions - Health
Cultural Diversity
Albion was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics
Albion, found to have higher cultural diversity than most local markets, had 16.5% of its population speaking a language other than English at home and 29.3% born overseas. Christianity was the predominant religion in Albion with 44.2%. Judaism showed overrepresentation, comprising 0.2% compared to 0.2% regionally.
Top three ancestry groups were English (26.8%), Australian (19.9%), and Irish (10.5%). Notable divergences included Spanish at 0.7% (vs regional 0.5%), New Zealand at 1.0% (vs 0.8%), and French at 0.7% (vs 0.7%).
Frequently Asked Questions - Diversity
Age
Albion hosts a very young demographic, ranking in the bottom 10% of areas nationwide
Albion's median age is 33 years, which is slightly younger than Greater Brisbane's average of 36 and significantly lower than Australia's national average of 38. Albion has a higher concentration of residents aged 25-34 at 25.3%, compared to Greater Brisbane and the national average of 14.5%. However, Albion has fewer residents aged 5-14 at 7.0%. Post-2021 Census data shows demographic aging with the median age advancing from 32 years to 33 years. The 35-44 age group grew from 14.2% to 15.7%, while the 75-84 cohort increased from 4.2% to 5.5%. Conversely, the 25-34 cohort declined from 28.9% to 25.3%. By 2041, Albion's age profile is projected to evolve significantly. The 85+ cohort shows the strongest growth at 212%, adding 348 residents to reach 513. Meanwhile, the 0-4 cohort grows by a modest 4% (6 people).