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.
Sales data
Median sale price
$613k
Quarterly price change
-2.9%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Albanvale | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $610,000 | $807,000 |
| 4 | $679,250 | $950,000 |
| Insight | Albanvale | Metro comparison |
|---|---|---|
| Clearance rate | 72.6% | |
| Days on market | 57.5 | 43 |
Rental data
Median weekly rent
$450
Rental yield
3.8%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Albanvale | Metro comparison |
|---|---|---|
| 2 | - | $575 |
| 3 | $430 | $550 |
| 4 | - | $600 |
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