Mortgage Broker/Home Loans Albany Creek
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Albany Creek property market
In the least 30 days Albany Creek had 31 properties available for rent and 71 properties for sale. Median property prices over the last year range from $863,000 for houses to $610,000 for units. If you are looking for an investment property, consider houses in Albany Creek rent out for $600 PW with an annual rental yield of 3.9% and units rent for $525 PW with a rental yield of 4.7%. Based on five years of sales, Albany Creek has seen a compound growth rate of -1.9% for houses and 13.4% for units.
Troy Hose and the team at Mortgage Choice, servicing Albany Creek, will discuss your borrowing options and guide you through the home loan process.
Albany Creek suburb profile
Part of the Moreton Bay regional council, Albany Creek is a premier suburb on the Northside of Brisbane with a country feel but only 20 minutes to the centre of Brisbane and extensive natural flora and fauna areas entwined into the local area.
The area is renowned for outdoor fun-seekers, with extensive MTB and hiking trails to keep the whole family engaged.
Albany Creek is situated in the Yugarabul traditional Indigenous Australian country.
The suburb of Albany Creek was initially established on the intersection of two Aboriginal tracks. The main track formed the primary route north of Brisbane and is still known as "Old Northern Road." The second track formed a path from Old Northern Road to Little Cabbage Tree Creek in Aspley and onto Downfall Creek in Chermside. Albany Creek Road and Gympie Road now follow this second route.
Albany Creek was initially known as Chinaman's Creek before its name was changed in 1885 to honor the Duke of Albany.
A United Methodist Free Church opened in Chinaman's Creek on Sunday 30 December 1866.[9]
Chinaman's Creek State School opened on 25 January 1875 but was downgraded to Chinamans Creek Provisional School in 1883. In 1887 it became Albany Creek State School.
Initially a rural area, Albany Creek began to develop as a suburban area in the 1960s as the Brisbane metropolitan area expanded. This led to the opening of more schools to cater for the growing population with Albany Hills State School opening on 30 January 1979, Albany Creek State High School opening on 25 January 1982,Good Shepherd Christian (Baptist) School opening in 1983,and All Saints (Catholic) Primary School opening on 24 January 1989.
Albany Creek public library opened in 2000.
In the 2011 census, Albany Creek recorded a population of 15,860 people, 50.6% female and 49.4% male. The median age of the Albany Creek population was 38, 1 year above the national median of 37. 79% of people living in Albany Creek were born in Australia. The other top responses for country of birth were England 4.9%, New Zealand 3.4%, South Africa 2%, Scotland 0.8%, and Italy 0.4%. 92.4% of people spoke only English at home; the next most common languages were 0.7% Italian, 0.4% Afrikaans, 0.4% German, 0.3% Hindi, and 0.3% Cantonese.
Our promise to you
As your Mortgage Choice broker servicing Albany Creek, we are committed to ensuring you have the best interest rate available on the market! Our promise to our clients is:
In most cases, our home loan service is at no cost to you!
We will do the legwork. You can save hours of research and paperwork by getting us to help!
We can help you access market-leading rates from over 30 lenders.
What is your Borrowing power in Albany Creek
When you're ready to purchase your property in Albany Creek, it's essential to understand how much you can borrow. We know that finding out how much you can borrow for a property can be a bit confusing, which is why we have some great resources at your disposal.
Feel free to check out our easy-to-use home loan calculators here or contact us to discuss your unique situation.