Albert Park, VIC 3206 (3.08 km to CBD)
Closest Train Station: Southern Cross Station 2.52 km
Surrounding Suburbs: Melbourne 3000 Middle Park 3206 Port Melbourne 3207 South Melbourne 3205 St Kilda 3182 St Kilda West 3182
Selected Demographics of Albert Park
- $2,520,000 Median House Price
- $822,500 Median Unit Price
- 2941 Number of House
- 1540 Number of Unit
- 9454 Number of People
- 40 Median Age
- 2.2 Median Household Size
- $432 Weekly Rent
- $1,010 Weekly Individual Income
- $2,688 Weekly Family Income
- $1,981 Weekly Household Income
Suburb Location
More Recent Sold in Albert Park
| Address | Sold Date | Price |
|---|---|---|
| 160 Kerferd Road, Albert Park VIC | 18 Apr 2024 | $0 |
| 23 Herbert Street, Albert Park VIC | 6 Apr 2024 | $1,385,000 |
| 11/168 Victoria Avenue, Albert Park VIC | 5 Apr 2024 | $0 |
| 375 Montague Street, Albert Park VIC | Apr 2024 | $0 |
| 34 Finlay Street, Albert Park VIC | 28 Mar 2024 | $2,000,000 |
More Recent Rent in Albert Park
| Address | Rent Date | Price |
|---|---|---|
| 4 Merton Place, Albert Park VIC | 25 Mar 2024 | $820 |
| 9 Reed Street, Albert Park VIC | 15 Mar 2024 | $925 |
| 47 Greig Street, Albert Park VIC | 14 Mar 2024 | $1,200 |
| 36 Young Street, Albert Park VIC | 14 Mar 2024 | $850 |
| 7/7-9 Faussett Street, Albert Park VIC | 13 Mar 2024 | $490 |
Rent Yield in Albert Park
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 1 | $507,500 | $570 | 5.84% | $507,500 | $500 | 5.12% | 15 |
| 2 | $1,947,636 | $904 | 2.41% | $1,400,000 | $808 | 3.00% | 51 |
| 3 | $2,144,923 | $1,214 | 2.94% | $2,100,000 | $1,200 | 2.97% | 35 |
| 4 | $2,647,500 | $1,790 | 3.52% | $2,647,500 | $1,700 | 3.34% | 7 |
| 5 | $5,200,000 | - | - | $5,200,000 | - | - | 1 |
| House | |||||||
| 1 | - | $575 | - | - | $575 | - | 1 |
| 2 | $4,317,500 | $914 | 1.10% | $4,317,500 | $820 | 0.99% | 15 |
| 3 | $2,072,000 | $1,078 | 2.71% | $2,072,000 | $1,150 | 2.89% | 10 |
| 4 | - | $1,600 | - | - | $1,600 | - | 1 |
| Unit/apmt | |||||||
| 1 | $575,000 | $457 | 4.13% | $575,000 | $480 | 4.34% | 6 |
| 2 | $859,000 | $1,123 | 6.80% | $859,000 | $928 | 5.62% | 5 |
| 3 | - | $1,263 | - | - | $1,200 | - | 3 |
| Townhouse | |||||||
| 1 | - | $650 | - | - | $650 | - | 1 |
| 2 | - | $750 | - | - | $750 | - | 1 |
| Other | |||||||
| 1 | - | $375 | - | - | $375 | - | 1 |
| Unknown | |||||||
| 1 | $440,000 | $705 | 8.33% | $440,000 | $550 | 6.50% | 6 |
| 2 | $1,491,250 | $865 | 3.02% | $1,500,000 | $813 | 2.82% | 30 |
| 3 | $2,158,182 | $1,300 | 3.13% | $2,100,000 | $1,270 | 3.14% | 22 |
| 4 | $2,647,500 | $1,838 | 3.61% | $2,647,500 | $1,925 | 3.78% | 6 |
| 5 | $5,200,000 | - | - | $5,200,000 | - | - | 1 |
Schools in Albert Park
| School Name | School Sector | School Type |
|---|---|---|
| Albert Park College | Non-government | Secondary |
| Albert Park Primary School | Non-government | Primary |
Leading Agents (Sale)
| Agent Name | Percentage |
|---|---|
| Cayzer Real Estate - Albert Park | 26% |
| Greg Hocking Real Estate - Albert Park | 22% |
| Hocking Stuart - (Albert Park) Pty Ltd | 17% |
| Marshall White - ARMADALE | 12% |
| Buxton - Albert Park | 6% |
| Kay & Burton - Albert Park | 2% |
| PARKINSON - Albert Park | 2% |
| RT Edgar - Albert Park | 2% |
| Maher & Co - Port Melbourne | 2% |
Leading Agents (Rent)
| Agent Name | Percentage |
|---|---|
| Hocking Stuart - (Albert Park) Pty Ltd | 23% |
| Cayzer Real Estate - Albert Park | 18% |
| RT Edgar - Albert Park | 10% |
| Buxton - Albert Park | 6% |
| Greg Hocking Real Estate - Albert Park | 6% |
| Dixon Kestles - South Melbourne | 2% |
| Marshall White - ARMADALE | 1% |
| Maher & Co - Port Melbourne | 1% |
| Harcourts - St Kilda | 1% |
| Biggin & Scott - St Kilda | 1% |
Crime Rate of Port Phillip
| Crime Type | Rate of PORT PHILLIP | Rate of VIC |
| Crime Against Property | 7,285 | 4,607 |
| Crime Against the Person | 1,291 | 940 |
| Drug Offences | 518 | 311 |
| Other Crime | 1,244 | 875 |
| Total | 10,338 | 6,733 |
Demographics of Albert Park
| PopulationSize | Albert Park | Melbourne |
| All People | 9454 | 3366613 |
| Country of Origin | Albert Park | Melbourne |
| Australian Born | 75% | 65% |
| Born Overseas - Top 5 | Albert Park | Melbourne |
| United Kingdom | 6% | 5% |
| Greece | 6% | 2% |
| New Zealand | 3% | 1% |
| Italy | 1% | 2% |
| United States of America | 1% | 0% |
| Median household income | Albert Park | Melbourne |
| Weekly income | $2,103 | $1,333 |
| Age Statistics | Albert Park | Melbourne |
| 20 to 39 | 38% | 33% |
| 40 to 59 | 27% | 28% |
| 60+ | 18% | 17% |
| 5 to 19 | 11% | 14% |
| 0 to 4 | 5% | 7% |
| Family Statistics - Top 5 | Albert Park | Melbourne |
| Never Married | 42% | 33% |
| Married | 41% | 51% |
| Divorced | 8% | 7% |
| Widowed | 5% | 6% |
| Separated | 3% | 3% |
| Religion - Top 5 | Albert Park | Melbourne |
| Catholic | 27% | 33% |
| No Religion | 25% | 19% |
| Anglican | 20% | 16% |
| Orthodox | 13% | 7% |
| Uniting Church | 4% | 5% |
| Occupation - Top 5 | Albert Park | Melbourne |
| Professionals | 19% | 8% |
| Associate Professional | 8% | 5% |
| Managers and Administrators | 8% | 4% |
| Intermediate Clerical/Sales/Service | 8% | 7% |
| Elementary Clerical/Sales/Service | 4% | 4% |
| Education - Top 5 | Albert Park | Melbourne |
| Not Attending (Working) | 81% | 73% |
| University or other Tertiary Institution | 7% | 5% |
| Infants/Primary | 4% | 9% |
| Secondary Education | 4% | 7% |
| Technical or Further Education | 2% | 3% |
| Transport to Work - Top 5 | Albert Park | Melbourne |
| Car (driver) | 31% | 28% |
| Ferry/tram | 8% | 1% |
| Worked at home | 3% | 2% |
| Car (passenger) | 3% | 3% |
| Walked | 2% | 1% |
| Type of Dwelling - Top 3 | Albert Park | Melbourne |
| Semi/Terrace | 46% | 8% |
| Separate house | 24% | 74% |
| Flat | 23% | 14% |
| Nature of Occupancy - Top 3 | Albert Park | Melbourne |
| Rented | 37% | 24% |
| Fully Owned | 37% | 43% |
| Purchasing | 18% | 27% |
| Monthly Loan Repayment - Top 5 | Albert Park | Melbourne |
| $1,500+ | 38% | 9% |
| $1,000-$1,199 | 14% | 13% |
| $800-$999 | 12% | 19% |
Based on Australian Bureau of Statistics data
