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
59 Barrett St, Albert park 3 House (Res) Sold Before Auction 21/02/2024 Jellis Craig
62 Danks St, Albert park 3 House (Res) Sold Before Auction 18/02/2024 Nick Johnstone
32 Brooke St, Albert park 2 House (Res) Sold Before Auction 08/02/2024 Marshall White & Co
138 Victoria Av, Albert park 3 House (Res) Auction Sale 24/02/2024 Marshall White & Co
18/156 Beaconsfield Pde, Albert park 2 Unit Sold Before Auction 01/02/2024 Jellis Craig

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$2.00m

Metro Melbourne

$909k

Quarterly Price Change

-12.3%

Metro Melbourne

-2.2%

Median Rent

$885

Metro Melbourne

$550

Rental Yield

2.2%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 66.7% 72.5%
Days on Market 41 40
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,587,500 $920,000
3 Bedrooms $2,307,500 $815,000
4 Bedrooms $3,615,000 $970,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $800 $540
3 Bedrooms $1,120 $500
4 Bedrooms $1,495 $560

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$1.12m

Metro Melbourne

$630k

Annual Price Change

n/a

Metro Melbourne

-3.8%

Median Rent

$460

Metro Melbourne

$500

Rental Yield

2.1%

Metro Melbourne

4.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 66.7% 72.5%
Days on Market 41 40
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms n/a $600,000
3 Bedrooms n/a $850,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $360 $420
2 Bedrooms $650 $520
3 Bedrooms n/a $600

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