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 house | 633 |
---|
Semi-detached | 1366 |
---|
Unit/apartment | 510 |
---|
Other | 13 |
---|
Occupied/unoccupied
Occupied | 2525 |
---|
Unoccupied | 354 |
---|
Persons
Tenure and Landlord Type
Owned outright | 849 |
---|
Owned with a mortgage | 579 |
---|
Rented | 852 |
---|
Public housing | 167 |
---|
Other | 78 |
---|
Medians and Averages
Median total household income | 1981 $/week |
---|
Median mortgage repayment | 3000 $/month |
---|
Median rent | 432 $/week |
---|
Average household size | 2.2 |
---|
Persons | 5955 |
---|
Total private dwellings | 2879 |
---|
Supply Demand History in Albert Park
Month | Supply | Demand |
2015 Apr | 18 | 5596 |
2015 May | 20 | 5299 |
2015 Jun | 21 | 4621 |
2015 Jul | 25 | 6156 |
2015 Aug | 28 | 6753 |
2015 Sep | 30 | 6325 |
2015 Oct | 27 | 5153 |
2015 Nov | 22 | 3689 |
2015 Dec | 15 | 2587 |
2016 Jan | 13 | 3239 |
2016 Feb | 24 | 4404 |
2016 Mar | 20 | 4115 |
2016 Apr | 19 | 4638 |
More Properties Sold in Albert Park
More Properties Rent in Albert Park
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 | $475 | 4.87% | $507,500 | $478 | 4.90% | 14 |
2 | $1,931,300 | $854 | 2.30% | $1,300,000 | $775 | 3.10% | 52 |
3 | $2,124,000 | $1,229 | 3.01% | $2,100,000 | $1,175 | 2.91% | 39 |
4 | $2,647,500 | $1,790 | 3.52% | $2,647,500 | $1,700 | 3.34% | 7 |
5 | $5,000,000 | - | - | $5,000,000 | - | - | 1 |
House |
2 | $4,242,500 | $858 | 1.05% | $4,242,500 | $795 | 0.97% | 15 |
3 | $2,022,500 | $1,078 | 2.77% | $2,022,500 | $1,150 | 2.96% | 10 |
4 | - | $1,600 | - | - | $1,600 | - | 1 |
Unit/apmt |
1 | $575,000 | $451 | 4.08% | $575,000 | $478 | 4.32% | 5 |
2 | $799,000 | $1,029 | 6.70% | $799,000 | $888 | 5.78% | 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 | $479 | 5.66% | $440,000 | $500 | 5.91% | 7 |
2 | $1,538,333 | $808 | 2.73% | $1,500,000 | $763 | 2.65% | 28 |
3 | $2,139,615 | $1,314 | 3.19% | $2,100,000 | $1,200 | 2.97% | 26 |
4 | $2,647,500 | $1,838 | 3.61% | $2,647,500 | $1,925 | 3.78% | 6 |
5 | $5,000,000 | - | - | $5,000,000 | - | - | 1 |
Based on Australian Bureau of Statistics data