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
8/227 Bridport , Albert park 2 Apartment Passed in Vendor Bid 30/05/2020 Cayzer
303/88 Beaconsfield Pde, Albert park 2 Unit Private Sale 12/05/2020 Zed Real Estate

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

Median Sale Price

$1.72mil

Metro Melbourne

$893k

Quarterly Price Change

-26.9%

Metro Melbourne

3.7%

Median Rent

$800

Metro Melbourne

$460

Rental Yield

2.1%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 73.1%
Days on Market 26.5 32
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,350,000 $880,000
3 Bedrooms $2,365,000 $750,000
4 Bedrooms $2,830,000 $885,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $630 $500
3 Bedrooms $1,050 $440
4 Bedrooms $1,300 $490

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

Median Sale Price

$1.32mil

Metro Melbourne

$623k

Annual Price Change

28.9%

Metro Melbourne

4.6%

Median Rent

$460

Metro Melbourne

$430

Rental Yield

1.8%

Metro Melbourne

3.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 73.1%
Days on Market 26.5 32
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $375,575
2 Bedrooms n/a $585,000
3 Bedrooms n/a $775,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $410 $375
2 Bedrooms n/a $450
3 Bedrooms n/a $530

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