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.

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

Median Sale Price

$2.31mil

Metro Melbourne

$834k

Quarterly Price Change

15.3%

Metro Melbourne

0.0%

Median Rent

$752

Metro Melbourne

$450

Rental Yield

1.9%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 36.4% 46.1%
Days on Market 41 38
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,520,000 $895,000
3 Bedrooms $2,170,000 $744,750
4 Bedrooms $3,277,500 $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $652 $480
3 Bedrooms $960 $420
4 Bedrooms $1,100 $475

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

Median Sale Price

$778k

Metro Melbourne

$600k

Annual Price Change

6.5%

Metro Melbourne

2.6%

Median Rent

$400

Metro Melbourne

$420

Rental Yield

2.7%

Metro Melbourne

3.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 36.4% 46.1%
Days on Market 41 38
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $375,000
2 Bedrooms n/a $575,000
3 Bedrooms n/a $771,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $351 $365
2 Bedrooms $600 $431
3 Bedrooms n/a $520

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