Profile for Albert Park

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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.

Recent Sales & Auction Results in Albert Park

Address Price Type Method Sale Date Agent
Property List
49 Beaconsfield Pde, Albert park 3 House (Res) Auction Sale 16/02/2019 McGrath
5 Durham St, Albert park 3 House (Res) Passed in Vendor Bid 16/02/2019 Cayzer
7/64 Victoria Av, Albert park 1 Apartment Auction Sale 16/02/2019 Greg Hocking Holdsworth

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$2.15mil

Metro Melbourne

$797k

Quarterly Price Change

-25.4%

Metro Melbourne

-3.7%

Median Rent

$800

Metro Melbourne

$450

Rental Yield

1.9%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 40% 45.1%
Days on Market 41 42
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,433,000 $870,000
3 Bedrooms $2,425,000 $733,000
4 Bedrooms $3,230,000 $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $675 $490
3 Bedrooms $950 $420
4 Bedrooms $1,100 $480

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$960k

Metro Melbourne

$597k

Annual Price Change

64%

Metro Melbourne

1.8%

Median Rent

$393

Metro Melbourne

$420

Rental Yield

2.1%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 40% 45.1%
Days on Market 41 42
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms $1,175,000 $571,000
3 Bedrooms n/a $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $330 $370
2 Bedrooms $563 $440
3 Bedrooms n/a $521

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