Suburb Location

Market Indexes of Albert Park

  • $2,520,000 Median Asking Price
  • $825 Median Rent
  • 0.02% Rent Yield
  • 145 Stock On Sale
  • 1.11% Vacancy Rate
  • 19 Average Supply
  • 4289 Average Demand
  • 221.86 Supply Demand Ratio

Demographics of Albert Park

Dwelling Structure

Separate house633
Semi-detached1366
Unit/apartment510
Other13

Occupied/unoccupied

Occupied2525
Unoccupied354

Persons

Males2886
Females3069

Tenure and Landlord Type

Owned outright849
Owned with a mortgage579
Rented852
Public housing167
Other78

Medians and Averages

Median total household income1981 $/week
Median mortgage repayment3000 $/month
Median rent432 $/week
Average household size2.2
Persons5955
Total private dwellings2879

Supply Demand History in Albert Park

MonthSupplyDemand
2015 Apr185596
2015 May205299
2015 Jun214621
2015 Jul256156
2015 Aug286753
2015 Sep306325
2015 Oct275153
2015 Nov223689
2015 Dec152587
2016 Jan133239
2016 Feb244404
2016 Mar204115
2016 Apr194638

More Properties Sold in Albert Park

AddressSold DatePrice
34 Finlay Street, Albert Park VIC 3 2 - 28 Mar 2024$2,000,000
57 Draper Street, Albert Park VIC 3 3 1 26 Mar 2024$0
379 Montague Street, Albert Park VIC 4 1 1 22 Mar 2024$0
Residence 2/21 St Vincent Street, Albert Park VIC 2 2 1 19 Mar 2024$0
22 Neville Street, Albert Park VIC 3 1 - 19 Mar 2024$0

More Properties Rent in Albert Park

AddressRent DatePrice
2A Mills Street, Albert Park VIC 2 1 1 26 Feb 2024$900
2/121 Victoria Avenue, Albert Park VIC 2 1 1 26 Feb 2024$545
67 Little Page Street, Albert Park VIC 2 1 1 26 Feb 2024$695
6/227 Bridport Street, Albert Park VIC 1 1 1 16 Feb 2024$550
119 Ashworth Street, Albert Park VIC 2 2 2 16 Feb 2024$2,000

Rent Yield in Albert Park

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$507,500$4754.87%$507,500$4784.90%14
2$1,931,300$8542.30%$1,300,000$7753.10%52
3$2,124,000$1,2293.01%$2,100,000$1,1752.91%39
4$2,647,500$1,7903.52%$2,647,500$1,7003.34%7
5$5,000,000--$5,000,000--1
House
2$4,242,500$8581.05%$4,242,500$7950.97%15
3$2,022,500$1,0782.77%$2,022,500$1,1502.96%10
4-$1,600--$1,600-1
Unit/apmt
1$575,000$4514.08%$575,000$4784.32%5
2$799,000$1,0296.70%$799,000$8885.78%8
3-$1,263--$1,200-3
Townhouse
1-$650--$650-1
2-$750--$750-1
Other
1-$375--$375-1
Unknown
1$440,000$4795.66%$440,000$5005.91%7
2$1,538,333$8082.73%$1,500,000$7632.65%28
3$2,139,615$1,3143.19%$2,100,000$1,2002.97%26
4$2,647,500$1,8383.61%$2,647,500$1,9253.78%6
5$5,000,000--$5,000,000--1

Schools in Albert Park

School NameSchool SectorSchool Type
Albert Park CollegeNon-governmentSecondary
Albert Park Primary SchoolNon-governmentPrimary

Based on Australian Bureau of Statistics data