Profile for Middle Park

3206

Located 4 km south of the CBD, Middle Park is one of the older neighbourhoods of the City of Port Phillip, with significant heritage areas featuring wide tree-lined streets, the suburb is well known for its Victoria- era attached and row housing. The foreshore contains a number of high rise residential towers. The limited opportunities for redevelopment have contributed to a static population. Primarily a residential area, visitors are drawn to the beach, local shopping strips and recreational facilities in the nearby Albert Park Reserve. The neighbourhood is well served by the Armstrong Street strip shopping areas and the St Kilda light rail line. Other notable physical features include the foreshore and the nearby Melbourne Sports and Aquatic Centre.

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Median data for March Quarter 2021. Click here for details.

Median Sale Price

$2.56mil

Metro Melbourne

$1mil

Quarterly Price Change

-14.6%

Metro Melbourne

8.8%

Median Rent

$900

Metro Melbourne

$480

Rental Yield

1.8%

Metro Melbourne

2.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 100% 83.8%
Days on Market n/a 36
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,929,125 $930,000
3 Bedrooms $2,527,500 $810,000
4 Bedrooms $3,575,000 $990,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $900 $450
4 Bedrooms n/a $500

Median data for March Quarter 2021. Click here for details.

Median Sale Price

$740k

Metro Melbourne

$645k

Annual Price Change

-20.4%

Metro Melbourne

3.4%

Median Rent

$420

Metro Melbourne

$400

Rental Yield

3%

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 100% 83.8%
Days on Market n/a 36
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $390,000
2 Bedrooms $910,000 $600,000
3 Bedrooms n/a $810,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $350 $340
2 Bedrooms $525 $420
3 Bedrooms n/a $525

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