Albert Park, VIC 3206
Compare Part of Port Phillip
3.08 km
Distance from Melbourne CBD
10 k
Population
Auction Times
Sat 13 Mar | Auction Time | Agency | |
|---|---|---|---|
 | 11 Little O' Grady Street 1 1 0 House | 10:30 AM Sat 13th Mar | Greg Hocking Real Estate |
 | 2 Danks Street 3 1 1 House | 1:30 PM Sat 13th Mar | Marshall White |
Sat 20 Mar | Auction Time | Agency | |
|---|---|---|---|
 | 7 Page Street 2 1 0 House | 10:00 AM Sat 20th Mar | Greg Hocking Real Estate |
 | 46 Little Page Street 3 2 0 House | 10:30 AM Sat 20th Mar | Marshall White |
 | 12 Little Page Street 2 1 0 House | 10:30 AM Sat 20th Mar | Cayzer Real Estate |
 | 17 Bleakhouse Lane 3 2 2 Townhouse | 11:30 AM Sat 20th Mar | The Agency |
Median Sale Price
House
$1.88M
Updated on Jan 2021
2 BR $1.64M | 3 BR $1.96M | 4 BR $3.56M |
Unit
$875K
Updated on Jan 2021
1 BR $646K | 2 BR $963K | 3 BR $2M |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $1,000,000 | 0.0% | $2,000 | $2,700,000 | 118 |
| 2010 | $1,200,000 | +16.7% | $425,000 | $3,710,000 | 118 |
| 2011 | $1,350,000 | +11.1% | $605,000 | $6,620,000 | 108 |
| 2012 | $1,272,500 | -6.1% | $670,000 | $3,350,000 | 113 |
| 2013 | $1,480,000 | +14.0% | $582,500 | $6,200,000 | 169 |
| 2014 | $1,510,000 | +2.0% | $790,000 | $4,300,000 | 120 |
| 2015 | $1,590,000 | +5.0% | $840,000 | $7,500,000 | 102 |
| 2016 | $1,900,000 | +16.3% | $985,000 | $7,805,000 | 92 |
| 2017 | $2,150,000 | +11.6% | $1,018,000 | $6,475,000 | 112 |
| 2018 | $2,070,000 | -3.9% | $4,000 | $5,480,000 | 75 |
| 2019 | $1,980,000 | -4.5% | $855,000 | $7,250,000 | 89 |
| 2020 | $1,800,000 | -10.0% | $922,000 | $9,010,000 | 82 |
| 2021 | $2,675,000 | +32.7% | $1,755,000 | $4,000,000 | 17 |
Median Sale Price
$1.8M
Based on 86 recorded sales within the last 12 months
Updated on 7 Mar 2021
Suburb Growth
-15.6%
Current Median Price: $1,800,000
Previous Median Price: $2,080,000
Based on 179 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2021)
Price Range Segments (12 months ending Feb 2021)
Median Weekly Rent Price
House
$750
Updated on Jan 2021
2 BR $620 | 3 BR $900 | 4 BR $1,250 |
Unit
$450
Updated on Jan 2021
1 BR $360 | 2 BR $533 | 3 BR $750 | 4 BR $1,825 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $650 | 0.0% | $335 | $4,250 | 130 |
| 2012 | $750 | +13.3% | $275 | $3,000 | 167 |
| 2013 | $700 | -7.1% | $425 | $1,700 | 172 |
| 2014 | $695 | -0.7% | $350 | $4,500 | 134 |
| 2015 | $735 | +5.4% | $250 | $2,100 | 254 |
| 2016 | $750 | +2.0% | $250 | $2,200 | 207 |
| 2017 | $750 | 0.0% | $60 | $2,500 | 190 |
| 2018 | $795 | +5.7% | $300 | $3,500 | 243 |
| 2019 | $800 | +0.6% | $390 | $3,000 | 237 |
| 2020 | $750 | -6.7% | $350 | $2,925 | 220 |
| 2021 | $750 | 0.0% | $495 | $1,500 | 30 |
Median Rent Price
$750
per week
Based on 209 recorded rent within the last 12 months
Updated on 7 Mar 2021
Rent Price Growth
-6.7%
Current Median Rent: $750
Previous Median Rent: $800
Based on 444 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.2%
Current Median Price: $1,800,000
Current Median rent: $750
Based on 295 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2021)
Auction Results For Albert Park
Houses sold in Last 12 months ends 6 Mar 2021
$2.3M
Median Sale Price
76%
Clearance Rate
37/49
Sold/Reported
$9.01M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 5 | |
| $2 M - $3 M (Median Price Range) | 2 | |
| $1.8 M - $2 M | 2 | |
| $1.6 M - $1.8 M | 1 | |
| $1.4 M - $1.6 M | 2 | |
| $1 M - $1.2 M | 2 | |
Similar Suburbs to Albert Park 3206
Based on median house sale price sold in last 12 months
Schools closest to Albert Park, VIC 3206
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Albert Park Primary School | BRIDPORT STREETAlbert Park 3206 | Primary | Government | 0.32 km |
| Galilee Regional Catholic Primary School | MONTAGUE STREET & BANK STREETSouth Melbourne 3205 | Primary | Catholic | 0.56 km |
| Middle Park Primary School | 194 RICHARDSON STREETMiddle Park 3206 | Primary | Government | 0.84 km |
| Albert Park College | 83 DANKS STREETAlbert Park 3206 | Secondary | Government | 0.84 km |
| Victorian College Of The Arts Secondary SchoolTop 50 | 57 MILES STREETSouthbank 3006 | Secondary | Government | 1.58 km |
| MacRobertson Girls High SchoolTop 5 | 350-370 KINGS WAYMelbourne 3004 | Secondary | Government | 1.52 km |
| Melbourne Grammar School | DOMAIN ROADMelbourne 3004 | Combined | Independent | 1.77 km |