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 March 2020 Quarter. Click here for details.
Median Sale Price
$1.72mil
Metro Melbourne
$893k
Quarterly Price Change
-26.9%
3.7%
Median Rent
$800
$460
Rental Yield
2.1%
2.8%
$1.32mil
$623k
Annual Price Change
28.9%
4.6%
$430
1.8%
3.6%
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