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 Quarter 2021. Click here for details.
Median Sale Price
$2.23mil
Metro Melbourne
$1.07mil
Quarterly Price Change
-11.7%
6%
Median Rent
$780
$480
Rental Yield
1.8%
2.5%
$875k
$666k
Annual Price Change
-34.6%
5.6%
$450
$400
2.7%
3.1%
Find an Agent
Whether you are selling, buying, leasing or renting, choose an REIV member.
Member Exclusive Data
REIV Members log in to download the complete list of median prices by suburb and town.
PropertyData
The credible and trusted source of data for real estate professionals.
Other Insightful Information