Suburb

Market snapshot

Suburb insights for Albert Park3206

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Albert 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

AddressBedroomsPriceTypeMethodSale DateAgentListing
57 Ashworth St, Albert Park3PriceHousePassed in Vendor Bid27/02/2026Belle Property Albert ParkView
95 Graham St, Albert Park2PriceHouseAuction Sale27/02/2026Jellis CraigView
43 Greig St, Albert Park3PriceHouseAuction Sale27/02/2026Belle Property Albert ParkView
2 Faussett St, Albert Park2PriceHouseAuction Sale27/02/2026Jellis CraigView
2/140 Kerferd Rd, Albert Park2PriceApartmentAuction Sale27/02/2026Marshall WhiteView
100 Victoria Av, Albert Park4PriceHousePassed in Vendor Bid27/02/2026Marshall White & Co
3 Barrett St, Albert Park3PriceHouseSold Before Auction17/02/2026Jellis CraigView
166 Richardson St, Albert Park3PriceHouseSold Before Auction21/01/2026Jellis Craig

Sales data

Median sale price
$2.5mil
Quarterly price change
-2.3%
Metro Melbourne Comparison
$974k
1.8%
BedroomsAlbert ParkMetro comparison
2$1,630,000$940,000
3$2,587,500$851,000
4$3,800,000$970,000
InsightAlbert ParkMetro comparison
Clearance rate78%77.8%
Days on market3236

Rental data

Median weekly rent
$960
Rental yield
2%
Metro Melbourne Comparison
$580
3.2%
BedroomsAlbert ParkMetro comparison
2$775$585
3$1,200$550
4-$600
Median data for the current quarter
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