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 |
|---|---|---|---|---|---|---|---|
| 31B Barrett St, Albert Park | 3 |  | House | Auction Sale | 28/11/2025 | Marshall White & Co | View |
| 68 Canterbury Rd, Albert Park | 3 |  | House | Private Sale | 19/11/2025 | Marshall White & Co | |
| 56 Page St, Albert Park | 3 |  | House | Private Sale | 10/11/2025 | Marshall White & Co | |
| 156 Kerferd Rd, Albert Park | 3 |  | House | Auction Sale | 28/11/2025 | Slater & Levin | View |
| 2/47 Ogrady St, Albert Park | 3 | | House | Private Sale | 16/11/2025 | Jellis Craig | View |
| 8B Neville St, Albert Park | 2 | | House | Private Sale | 11/11/2025 | Marshall White & Co |
Sales data
Median sale price
$2.6mil
Quarterly price change
-6.3%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Albert Park | Metro comparison |
|---|---|---|
| 2 | $1,484,000 | $910,000 |
| 3 | $2,470,000 | $830,000 |
| 4 | $3,625,000 | $951,500 |
| Insight | Albert Park | Metro comparison |
|---|---|---|
| Clearance rate | 92.6% | 81.4% |
| Days on market | 40 | 36 |
Rental data
Median weekly rent
$885
Rental yield
1.9%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Albert Park | Metro comparison |
|---|---|---|
| 2 | $750 | $580 |
| 3 | $1,190 | $550 |
| 4 | - | $600 |
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