An established Hills District suburb 17km north of the Brisbane CBD, with five schools, three shopping centres and around 15 parks.
Albany Creek (postcode 4035) sits about 17 kilometres north of the Brisbane CBD in the City of Moreton Bay, part of Brisbane’s Hills District. It is home to 16,385 people (2021 census), with five schools, three shopping centres and around 15 parks and reserves.
Albany Creek ticked the fundamentals we screen every purchase against: a long-settled suburb rather than a land release, schools from primary through to Albany Creek State High, everyday shopping on the doorstep, and road links into Brisbane along Albany Creek Road, Old Northern Road and Gympie Road.
A Meridian client secured an Albany Creek townhouse for $490,000. In July 2025, a comparable three-bedroom townhouse on the same street, in the Essence @ The Boulevard complex, 33/79 Leitchs Road South, sold for $1,065,000 (Place Estate Agents Albany Creek; domain.com.au, 14 July 2025). On comparable-sales analysis, that puts our client’s property up approximately $575,000 (117.3%), while current rent of $820 per week represents an 8.70% gross yield on the original purchase price: growth and cash flow from the same asset.
“Growth and cash flow from the same asset. The property that grew $575,000 also collects $42,640 a year in rent. This is the outcome the strategy is designed for, not one or the other.”
Meridian Research
A long-settled Hills District suburb with around 15 parks and reserves woven through it.
Five schools, including Albany Creek State School, Albany Hills State School and Albany Creek State High School.
Three shopping centres, including Albany Creek Village, with Albany Creek Road, Old Northern Road and Gympie Road into the city.
Secured at $490,000, it now rents at $820 per week: an 8.70% gross yield on the purchase price.
“The thought of buying an investment property seemed so overwhelming and confusing, until we were introduced to Adam and the Meridian team. They were extremely professional and transparent, allowing us to move forward with confidence. So grateful for their help and expertise.”
Kate Woods · 5-star Google review
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