Profile for Albert Park

3206

Albert Park is located 3 km south of the CBD. Located on Port Phillip Bay in Melbourne's inner south Albert Park is a primarily residential suburb with large tracts of parkland and recreation areas. Albert Park features a large number of renters and small (one and two person) households. The suburb features the Australian Formula 1 Grand Prix circuit and the Melbourne Sports and Aquatic Centre.

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Recent Sales & Auction Results in Albert Park

Address Price Type Method Sale Date Agent
Property List
150 Kerferd Rd, Albert park 5 House (Res) Auction Sale 23/10/2021 Jellis Craig
30 Boyd St, Albert park 3 House (Res) Auction Sale 22/10/2021 Jellis Craig

Median data for September Quarter 2021. Click here for details.

Median Sale Price

$2.23mil

Metro Melbourne

$1.07mil

Quarterly Price Change

-11.7%

Metro Melbourne

6%

Median Rent

$780

Metro Melbourne

$480

Rental Yield

1.8%

Metro Melbourne

2.5%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 100% 89.1%
Days on Market n/a 42
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,755,000 $1,000,000
3 Bedrooms $2,305,000 $871,500
4 Bedrooms $3,570,000 $1,085,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $675 $500
3 Bedrooms $895 $450
4 Bedrooms n/a $500

Median data for September Quarter 2021. Click here for details.

Median Sale Price

$875k

Metro Melbourne

$666k

Annual Price Change

-34.6%

Metro Melbourne

5.6%

Median Rent

$450

Metro Melbourne

$400

Rental Yield

2.7%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 100% 89.1%
Days on Market n/a 42
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $395,000
2 Bedrooms $855,000 $615,000
3 Bedrooms n/a $845,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $360 $325
2 Bedrooms n/a $410
3 Bedrooms n/a $520

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