Albanvale, VIC 3021

Albanvale, VIC 3021

Compare Part of Brimbank

18.56 km
Distance from CBD
55 k
Population
Median Sale Price
House
-
Updated on Oct 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$285,000
 0.0% $237,000 $500,000 24
2010
$340,000
 +16.2% $250,000 $562,000 53
2011
$320,000
 -6.3% $265,000 $560,000 44
2012
$315,000
 -1.6% $230,000 $636,000 34
2013
$320,000
 +1.6% $260,000 $590,000 79
2014
$330,000
 +3.0% $258,000 $525,000 62
2015
$345,000
 +4.3% $290,000 $540,000 87
2016
$441,000
 +21.8% $335,000 $620,000 66
2017
$530,000
 +16.8% $370,000 $930,000 78
2018
$549,000
 +3.5% $430,000 $880,000 71
2019
$510,000
 -7.6% $420,000 $630,000 53
2020
$540,000
 +5.6% $415,000 $930,000 49
2021
$615,000
 +12.2% $300,000 $1,000,000 73
2022
$605,000
 -1.7% $395,000 $888,888 56
2023
$600,000
 -0.8% $505,000 $730,000 41
2024
$620,000
 +3.2% $450,000 $1,100,000 63
Median Sale Price
$620K
Based on 63 recorded sales within the last 12 months
Updated on 28 Dec 2024
Suburb Growth
+3.2%
Current Median Price: $620,000
Previous Median Price: $600,000
Based on 104 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$300
 0.0% $260 $370 45
2012
$300
 0.0% $230 $600 34
2013
$300
 0.0% $250 $530 61
2014
$300
 0.0% $260 $660 65
2015
$320
 +6.3% $250 $550 72
2016
$330
 +3.0% $270 $445 63
2017
$340
 +2.9% $270 $500 71
2018
$360
 +5.6% $320 $500 49
2019
$350
 -2.9% $175 $440 66
2020
$340
 -2.9% $310 $520 48
2021
$350
 +2.9% $145 $490 46
2022
$360
 +2.8% $200 $530 56
2023
$400
 +10.0% $300 $650 49
2024
$450
 +11.1% $195 $650 36
Median Rent Price
$450
per week
Based on 36 recorded rent within the last 12 months
Updated on 28 Dec 2024
Rent Price Growth
+11.1%
Current Median Rent: $450
Previous Median Rent: $400
Based on 85 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $620,000
Current Median rent: $450
Based on 99 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)

Auction Results For Albanvale

Houses sold in Last 12 months ends 21 Dec 2024

$612K

Median Sale Price

50%

Clearance Rate

3/6

Sold/Reported

$645K

Highest Sale Price

Sold Price Range No. of Sold Properties
$600 K - $800 K
(Median Price Range)		 3

Schools closest to Albanvale, VIC 3021

School name Address Type Sector Distance
Albanvale Primary School 54-64 DIAMOND AVENUEAlbanvale 3021 Primary Government 0.44 km
Movelle Primary School GUM ROADKings Park 3021 Primary Government 1.02 km
Deer Park North Primary School MAWSON AVENUEDeer Park 3023 Primary Government 1.15 km
Resurrection Primary School 51 GUM RDKINGS PARK 3021 Primary Catholic 1.15 km
Kings Park Primary School 128B GILLESPIE ROADSt Albans 3021 Primary Government 1.43 km
Victoria University Secondary College Deer Park Campus Deer Park 3023 Secondary Government 1.5 km
Copperfield College Kings Park Junior Campus Kings Park 3021 Secondary Government 1.56 km
Stevensville Primary School 52 KINGS ROADSt Albans 3021 Primary Government 1.43 km
Victoria University Secondary College 5A JAMIESON STREETSt Albans 3021 Secondary Government 1.44 km
Kororoit Creek Primary School 130 TENTERFIELD DRIVEBurnside Heights 3023 Primary Government 1.88 km