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Albert Park
VIC, 3206 - Port Phillip

Thinking about buying in Albert Park? Now could not be a better time, with 4336 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,975,000 with prices in this suburb ranging from $225,000 to $55,560,000. Albert Park is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $565.23
Median Monthly Mortgage $3131.09
Median Persons Per Bedroom 0.90
Average Household Size 2.23
Average Age 45.41
Average Income $1373.00
Average Cars Per Dwelling 1.33
Average Properties Within 50M 46

Housing Stock

Average Property Prices

1 Bed  $1,247,000
2 Bed  $2,211,000
3 Bed  $3,485,000
4 Bed  $5,370,000
5 Bed  $6,933,000
6 Bed+$4,003,000
Properties for sale in Albert Park
Instant Property Valuation

Albert Park Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Albert Park due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Albert Park changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Albert Park to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Albert Park we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Albert Park a better buying opportunity than it may have been in the past.

Properties for sale Albert Park

Belle Property 83 GLYDE ST, ALBERT PARK, SA, 5014 Beds4 Bathrooms2 Parking 2 Best Offer By 03/12 (USP)
Ray White 5 HERBERT ST, ALBERT PARK, SA, 5014 Beds3 Bathrooms1 Parking 2 700000

Local Schools

Albert Park Primary School

Albert Park College

Middle Park Primary School

Galilee Regional Catholic Primary School

MacRobertson Girls High School

Victorian College For The Deaf

Wesley College

St Kilda Park Primary School

Port Phillip Specialist School

Melbourne Grammar School

(While the above schools are located with the suburb of Albert Park there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Albert Park weather - Average Local Climate by month

(mm)
RAIN		Min (°C)
TEMP		Max (°C)
TEMP		Min (%)
HUMIDITY		Max (%)
HUMIDITY		 (m/sec)
WIND		 (MJ/sq m)
SOLAR
Jan0.617.229.329.074.75.227.5
Feb0.817.028.134.276.54.924.1
Mar0.815.325.736.580.54.719.2
Apr1.112.622.839.884.64.214.5
May1.510.218.847.888.64.310.3
Jun1.77.816.154.392.24.39.1
Jul1.87.815.454.891.75.09.1
Aug1.47.816.250.090.45.012.3
Sept1.29.719.341.686.65.317.1
Oct0.811.522.136.283.65.122.1
Nov0.613.524.732.680.45.126.5
Dec0.515.527.230.777.35.328.4

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Middle ParkSouth MelbourneSt Kilda WestSouthbankSouth WharfMelbourneSt KildaSouth YarraWindsorDocklands

Public Transport

St Clair - Greater then 10KM Albert Park - Greater then 10KM Seaton Park - Greater then 10KM East Grange - Greater then 10KM Alberton - Greater then 10KM Cheltenham Railway Station - Greater then 10KM Kilkenny - Greater then 10KM Woodville Park - Greater then 10KM Woodville Railway Station - Greater then 10KM Port Adelaide - Greater then 10KM

General Points of Interest

Adelaide Superdrome - Greater then 10KM The Lights Community and Sports Centre - Greater then 10KM Pioneer Women's Memorial Garden - Greater then 10KM Titanium Security Arena - Greater then 10KM Le Fevre Community Stadium - Greater then 10KM Adelaide Oval - Greater then 10KM Crossfit Fallen - Greater then 10KM Don Lindner - Greater then 10KM Jetts - Greater then 10KM Adelaide Badminton Centre - Greater then 10KM

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