Albion is bounded by Wooloowin in the north, Ascot in the east, Newstead in the south, and Windsor to the west, with Breakfast Creek defining the suburb border in its south and south-west. Sandgate Road, a major road on the north side of Brisbane, runs through the middle of the suburb. A variety of housing styles, from former workers' cottages through to modern brick homes and unit blocks, can be found in Albion.

The Albion Park Paceway, first established in the 1880s, is a harness racing club and greyhound racing track found in Breakfast Creek, a locality in southern Albion.

The name Albion comes from the Albion Hotel built by Thomas Hayseldon (also written as Hazeldon), which was so called because the white wall of John Petrie's quarry reminded Hayseldon of the England's white cliffs (Albion being an old name for England, from the Latin albus meaning white). From 1866 to 1870, the proprietor was Edward Hudson.

Albion has a number of heritage-listed sites, including:

In the 2011 census, Albion recorded a population of 1,986 people, 48.4% female and 51.6% male.

The median age of the Albion population was 33 years, 4 years below the national median of 37.

67.7% of people living in Albion were born in Australia, compared to the national average of 69.8%; the next most common countries of birth were New Zealand 4.4%, England 3.1%, India 3%, Italy 1.2%, China 1.1%.

79% of people spoke only English at home; the next most popular languages were 2.1% Italian, 1.2% Mandarin, 1.1% Nepali, 1% Arabic, 0.8% Punjabi.

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