Market snapshot
Suburb insights for Albanvale3021
Change suburbAlbanvale is located 19 km west of the CBD. Albanvale is a small residential suburb located between the Kororoit Creek and Station Rd in Melbourne's outer west. Albanvale experienced rapid growth during the 1970s and has developed into a multicultural community. The suburb has a high proportion of families in its population with larger households.
Recent sales and auction results in Albanvale
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 9 Guest Av, Albanvale | 3 |  | House (Res) | Passed in Vendor Bid | 20/07/2024 | Professionals St Albans | View |
| 39 Diamond Av, Albanvale | 3 |  | House (Res) | Private Sale | 1/07/2024 | Barry Plant | View |
Sales data
Median sale price
$596k
Quarterly price change
-7.3%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Albanvale | Metro comparison |
|---|---|---|
| 2 | - | $902,500 |
| 3 | $605,000 | $810,000 |
| 4 | $683,000 | $955,000 |
| Insight | Albanvale | Metro comparison |
|---|---|---|
| Clearance rate | 73.8% | |
| Days on market | 48 | 42 |
Rental data
Median weekly rent
$420
Rental yield
3.5%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Albanvale | Metro comparison |
|---|---|---|
| 2 | - | $550 |
| 3 | $410 | $540 |
| 4 | - | $580 |
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