Albany, located in the suburb of Torres in Queensland, offers a unique housing market characterized by its distinctive blend of serenity and accessibility. The area is known for its relatively affordable property prices compared to other more urbanized parts of Queensland, making it an attractive option for first-time home buyers and investors looking for growth potential. The housing market in Albany comprises a mix of traditional Queenslander homes, modern new builds, and some acreage properties that offer additional space and privacy. The community's proximity to natural attractions and local amenities, such as schools, parks, and shopping centers, enhances its appeal to families seeking a balanced lifestyle. However, the market is also subject to typical regional fluctuations, influenced by factors like economic shifts in the tourism industry and local employment opportunities.
Living in Albany, Torres, QLD, presents a quality lifestyle that integrates the tranquility of regional living with the convenience of nearby urban facilities. The community is well-knit, often engaging in local events and social activities that foster a strong sense of belonging among residents. The surrounding natural beauty, characterized by lush forests, clear waterways, and open spaces, provides ample opportunities for outdoor enthusiasts to indulge in activities like hiking, fishing, and camping. Despite being a peaceful locale, Albany is connected to broader Queensland through reliable transport networks, ensuring that residents enjoy both seclusion and accessibility. The area is particularly appealing to those who value a slower pace of life, appreciating the balance between the benefits of rural tranquility and the essential services of modern living.
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Thinking about buying in Albany? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Albany there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Albany due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Albany changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Albany necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Albany we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Albany a better buying opportunity than it may have been in the past.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Albany there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 14.1 | 25.3 | 31.1 | 69.3 | 92.5 | 3.9 | 18.3 |
Feb | 12.6 | 25.3 | 30.8 | 70.5 | 93.6 | 3.6 | 20.3 |
Mar | 10.5 | 25.3 | 30.8 | 71.0 | 93.8 | 3.4 | 19.2 |
Apr | 5.6 | 25.6 | 30.9 | 68.4 | 90.2 | 4.7 | 21.1 |
May | 1.7 | 25.1 | 30.3 | 65.3 | 86.5 | 6.2 | 20.1 |
Jun | 0.4 | 24.3 | 29.7 | 63.8 | 87.3 | 6.3 | 19.1 |
Jul | 0.3 | 23.4 | 29.1 | 61.6 | 87.9 | 6.7 | 19.8 |
Aug | 0.2 | 23.5 | 29.6 | 58.9 | 84.7 | 6.7 | 22.0 |
Sept | 0.1 | 24.1 | 30.3 | 58.0 | 83.1 | 7.0 | 24.1 |
Oct | 0.6 | 24.9 | 31.3 | 58.6 | 83.6 | 6.7 | 25.9 |
Nov | 0.7 | 26.0 | 32.1 | 59.4 | 83.3 | 5.8 | 26.2 |
Dec | 4.3 | 25.9 | 32.4 | 61.3 | 87.3 | 4.2 | 23.4 |
source: Australian Government Bureau of Meteorology
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