Market snapshot
Suburb insights for Albert Park3206
Change suburbAlbert Park is a prestigious suburb just 3 km south of Melbourne’s CBD, offering a blend of historic Victorian homes, tree-lined boulevards, and bayside living. The suburb surrounds Albert Park Lake, a popular venue for running, sailing, and the annual Formula 1 Grand Prix. With boutique shops and cafés on Bridport Street and Victoria Avenue, Albert Park attracts families, professionals, and retirees seeking a fined coastal lifestyle close to the city.
Recent sales and auction results in Albert Park
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 9 Young St, Albert Park | 1 |  | House | Private Sale | 8/12/2025 | Marshall White & Co | |
| G01/32 Beaconsfield Pde, Albert Park | 3 |  | House | Private Sale | 9/12/2025 | Marshall White & Co |
Sales data
Median sale price
$2.5mil
Quarterly price change
-2.3%
Metro Melbourne Comparison
$974k
1.8%
| Bedrooms | Albert Park | Metro comparison |
|---|---|---|
| 2 | $1,630,000 | $940,000 |
| 3 | $2,587,500 | $851,000 |
| 4 | $3,800,000 | $970,000 |
| Insight | Albert Park | Metro comparison |
|---|---|---|
| Clearance rate | 78% | 77.8% |
| Days on market | 32 | 36 |
Rental data
Median weekly rent
$960
Rental yield
2%
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Albert Park | Metro comparison |
|---|---|---|
| 2 | $775 | $585 |
| 3 | $1,200 | $550 |
| 4 | - | $600 |
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