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 2019 Quarter. Click here for details.
Median Sale Price
$1.76mil
Metro Melbourne
$793k
Quarterly Price Change
-10.2%
-1.4%
Median Rent
$760
$450
Rental Yield
1.9%
2.9%
$1.02mil
$595k
Annual Price Change
38.7%
0.4%
$400
$425
2%
3.7%
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