Albert Park, VIC 3206

Albert Park, VIC 3206

Compare Part of Port Phillip

3.08 km
Distance from 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

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