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 2019 Quarter. Click here for details.
Median Sale Price
$2.27mil
Metro Melbourne
$830k
Quarterly Price Change
29.8%
4.5%
Median Rent
$820
$451
Rental Yield
2.4%
2.9%
$1.03mil
$595k
Annual Price Change
33.1%
-0.4%
$430
2.2%
3.8%
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