Scooter LR v2
Postcode 3206
Population 6,044
Suburb Profiles

What’s to love in Albert Park

Median House Price

$2,420,000

Median Unit price

$957,000

Av days on market

50.5 days

AV Rental per week

$830.5

Albert Park Demographics

Median age

40-59

Population

6,044

Median rent

$998

Household income

$2,000 - $2,499

Dwelling structure
Semi-detached or Terrace
62.15%
House
18.87%
Flat or Apartment
18.67%
Other
0.32%
Home ownership
Owned Outright
36.90%
Rented
36.86%
Owner Mortgage
23.90%
Other
2.35%
Method of travel to work
Car
28.35%
Walk
4.37%
Train
0.29%
Bus
0.10%
Industry of employment
Professionals
38.35%
Managers
26.53%
Clerical and Administrative Workers
10.06%
Sales Workers
6.93%

Market Performance

Median sale price
Properties sold
Auction clearance
Av days on market

Median sale price in Albert Park

Median sale price for houses in Albert Park is $2,420,000, down 0.3% from last year.

Median sale price for units in Albert Park is $957,000, up 18.1% from last year.

Properties sold in Albert Park

Properties sold for houses in Albert Park is 148, up 13.0% from last year.

Properties sold for units in Albert Park is 21, up 61.5% from last year.

Auction clearance in Albert Park

Auction clearance for houses in Albert Park is 74.8%, down 5.0% from last year.

Auction clearance for units in Albert Park is 53.8%

Av days on market in Albert Park

Av days on market for houses in Albert Park is 35, up 9.4% from last year.

Av days on market for units in Albert Park is 66

Sales data supplied by Domain

Environment

Map
List

Latest Articles

Before You Renovate Your Investment Property
Before You Renovate Your Investment Property: Which Improvements Are Worth the Money?

A tired kitchen. Worn carpet. Walls that have seen better days. When an investment property becomes vacant, it can be tempting to renovate everything at once.

Read full article
Landlord Insurance Protecting Your Investment When Things Dont Go to Plan
Landlord Insurance: Protecting Your Investment When Things Don't Go to Plan

Would you hand the keys to your brand-new car to someone you barely know without making sure it was insured? It's a question we often ask investors when discussing landlord insurance.

Read full article
What are the minimum standards
What Are The Minimum Standards?

Before a prospective renter walks through the door, much of the work that determines a successful tenancy should already be underway.

Read full article
What Happens if the Property Sits Vacant shutterstock 2510247207
What Happens if the Property Sits Vacant?

You check your phone, hoping for an update. Another inspection has finished, and you’re waiting to hear whether someone has applied.

Read full article

Melbourne's property market is moving. Find out what your home is worth right now.

Discover the hidden potential of your biggest asset — for free, in seconds. Choose an Instant Appraisal for immediate market value and suburb performance, or request an in-depth Agent Appraisal from our experienced local Woodards professionals.

No obligation. No pressure. Just clarity.

Instant Appraisal
Agent Appraisal
Find out what your home is worth instantly
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Book your expert property appraisal
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Find an Agent

All of our agents have the experience and local knowledge to guide you

Book an Appraisal

Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision

Manage my Property

Switch to Woodards Property Management