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.

Recent Sales & Auction Results in Albert Park

Address Price Type Method Sale Date Agent
Property List
41 Moubray St, Albert park 2 House (Res) Auction Sale 05/08/2020 Cayzer

Median data for June 2020 Quarter. Click here for details.

Median Sale Price

$1.81mil

Metro Melbourne

$864k

Quarterly Price Change

5.1%

Metro Melbourne

-3.5%

Median Rent

$795

Metro Melbourne

$470

Rental Yield

2%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 65.9%
Days on Market 24.5 39
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,380,000 $910,250
3 Bedrooms $2,350,000 $760,000
4 Bedrooms $2,830,000 $910,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $650 $500
3 Bedrooms $1,100 $440
4 Bedrooms $1,325 $495

Median data for June 2020 Quarter. Click here for details.

Median Sale Price

$1.34mil

Metro Melbourne

$630k

Annual Price Change

29.2%

Metro Melbourne

6.4%

Median Rent

$435

Metro Melbourne

$430

Rental Yield

1.7%

Metro Melbourne

3.5%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 65.9%
Days on Market 24.5 39
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $385,000
2 Bedrooms n/a $591,000
3 Bedrooms n/a $785,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $343 $370
2 Bedrooms $548 $450
3 Bedrooms n/a $525

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