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 December 2018 Quarter. Click here for details.
Median Sale Price
$2.15mil
Metro Melbourne
$797k
Quarterly Price Change
-25.4%
-3.7%
Median Rent
$800
$450
Rental Yield
1.9%
2.8%
$960k
$597k
Annual Price Change
64%
1.8%
$393
$420
2.1%
3.7%
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