Are you thinking about buying or investing in property in Albion or Breakfast Creek? Knowing that Albion and Breakfast Creek are the right suburbs for you and your family is as important as finding the right property itself. With Albion undergoing a major facelift in the last few years, it’s important to have any property you’re interested in thoroughly inspected by a professional with local knowledge. This could potentially save you time, stress and a huge expense somewhere down the line. Here at Action Property Inspections, we know Albion and the surrounding area, having conducted inspections in the suburb for years. So before you buy, arrange your pre-purchase property inspection.
Albion and Breakfast Creek have plenty to recommend them – read on to discover why this area is a real estate hot spot!
Why buy in Albion or Breakfast Creek?
Located mere kilometres from Brisbane’s city centre, Albion and Breakfast Creek are fantastic places to live if you work in the city and enjoy an active social life. With a local train station and buses to the CBD every 10 to 15 minutes, Albion and Breakfast Creek are perfect for commuters, single people and students. It’s a well-serviced area, with the above-mentioned rail station, trendy restaurants and easy access to Brisbane’s major central shopping district.
With Wooloowin to the north, Ascot to the east, Newstead to the south and Breakfast Creek along the suburb border, Albion is an old suburb with both beautiful former worker’s cottages and modern brick homes and unit complexes. Its close proximity to trendy, upmarket Ascot, Clayfield and Newstead make Albion particularly attractive to buyers looking to break into those suburbs. Among the attractions found in the suburb, the famous heritage-listed Breakfast Creek Hotel is situated near the confluence with the Brisbane River, and famously serves XXXX Beer from wooden barrels.
What you need to know about buying a home in Albion and Breakfast Creek
It is only in the last 12 months or so that change has swept through Albion, which has been traditionally an industrial area, as evident by the old worker’s cottages. In that time, huge changes have been wrought over the suburb, with professionals, single people and families with children now calling Albion and Breakfast Creek their home.
With change comes new builds, and huge unit complexes are popping up all over the suburb, making it a great time to buy in the area. A variety of housing styles are on offer in Albion and Breakfast Creek, including the old worker’s cottages, modern brick houses, trendy apartment and unit blocks, and the odd wooden Queenslander on stilts. With a median house price of $775,000 and a median unit price of $445,000, Albion and Breakfast Creek are affordable options for those who wish to live within sight of Brisbane’s bustling CBD.
With a population of 1986 residents and an average income of $984 a week, Albion is a thoroughly middle-class suburb. The recent builds include huge housing developments, particularly in the affordability housing sector. This means that apartments and units will be available for teachers, nurses, emergency service workers and other professionals. All of these developments come with capped sales prices, making Albion a great place to make an investment in property.
Before you sign on the dotted line, protect your investment with a pre-purchase property inspection. Breakfast Creek and Albion await!