Suburb Profile

Supply Demand History in Albert Park

MonthSupplyDemand
2015 Apr185596
2015 May205299
2015 Jun214621
2015 Jul256156
2015 Aug286753
2015 Sep306325
2015 Oct275153
2015 Nov223689
2015 Dec152587
2016 Jan133239
2016 Feb244404
2016 Mar204115
2016 Apr194638

More Recent Sold in Albert Park

Address Sold Price
18 Page Street 3 $2,740,000
66 Barrett Street 4 $2,305,000
202/87 Dundas Place 2 $1,050,000
47 Finlay Street 2 $2,000,000
80 Reed Street 3 $1,500,000

More Recent Rent in Albert Park

Address Price/Week
6/123 Beaconsfield Parade 1 $550
40 Reed Street 3 $1,400
10/168 Victoria Avenue 2 $499
4/87 Merton Street 2 $425
88 Reed Street 2 $620

Rent Yield in Albert Park

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$615,000$4153.51%$625,000$3953.29%27
2$1,146,354$6502.95%$1,325,000$6502.55%83
3$2,326,364$1,0102.26%$2,190,000$9682.30%75
4$2,552,500$1,4032.86%$2,552,500$1,2002.44%25
House
1-$472--$480-6
2$1,250,893$6772.81%$1,425,000$6752.46%60
3$2,326,364$1,0052.25%$2,190,000$9602.28%64
4$2,552,500$1,4422.94%$2,552,500$1,2002.44%21
Unit/apmt
1$615,000$3813.22%$625,000$3633.02%15
2$730,000$5353.81%$730,000$5253.74%11
3-$995--$1,000-3
Townhouse
2$1,347,500$6502.51%$1,347,500$6502.51%4
3-$1,116--$1,113-6
4-$1,625--$1,625-2
Other
1-$289--$289-1
2$845,000--$845,000--1
3-$950--$950-1
Unknown
1-$452--$390-5
2-$598--$520-7
3-$800--$800-1
4-$848--$848-2

Demographics of Albert Park

PopulationSizeAlbert ParkMelbourne
All People94543366613
Country of OriginAlbert ParkMelbourne
Australian Born75%65%
Born Overseas - Top 5Albert ParkMelbourne
United Kingdom6%5%
Greece6%2%
New Zealand3%1%
Italy1%2%
United States of America1%0%
Median household incomeAlbert ParkMelbourne
Weekly income$2,103$1,333
Age StatisticsAlbert ParkMelbourne
20 to 3938%33%
40 to 5927%28%
60+18%17%
5 to 1911%14%
0 to 45%7%
Family Statistics - Top 5Albert ParkMelbourne
Never Married42%33%
Married41%51%
Divorced8%7%
Widowed5%6%
Separated3%3%
Religion - Top 5Albert ParkMelbourne
Catholic27%33%
No Religion25%19%
Anglican20%16%
Orthodox13%7%
Uniting Church4%5%
Occupation - Top 5Albert ParkMelbourne
Professionals19%8%
Associate Professional8%5%
Managers and Administrators8%4%
Intermediate Clerical/Sales/Service8%7%
Elementary Clerical/Sales/Service4%4%
Education - Top 5Albert ParkMelbourne
Not Attending (Working)81%73%
University or other Tertiary Institution7%5%
Infants/Primary4%9%
Secondary Education4%7%
Technical or Further Education2%3%
Transport to Work - Top 5Albert ParkMelbourne
Car (driver)31%28%
Ferry/tram8%1%
Worked at home3%2%
Car (passenger)3%3%
Walked2%1%
Type of Dwelling - Top 3Albert ParkMelbourne
Semi/Terrace46%8%
Separate house24%74%
Flat23%14%
Nature of Occupancy - Top 3Albert ParkMelbourne
Rented37%24%
Fully Owned37%43%
Purchasing18%27%
Monthly Loan Repayment - Top 5Albert ParkMelbourne
$1,500+38%9%
$1,000-$1,19914%13%
$800-$99912%19%

Crime Rate of Port Phillip

Crime TypeRate of PORT PHILLIPRate of VIC
Crime Against Property7,2854,607
Crime Against the Person1,291940
Drug Offences518311
Other Crime1,244875
Total10,3386,733
Note: Albert Park belongs to city Port Phillip. Crime rate means the number crimes per 100,000 population.

Based on Australian Bureau of Statistics data

Map And Street View

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Albert Park, VIC 3206 (3.08 km to CBD)

Median House Price

$2,170,000

Median Unit Price

$676,000

Surrounding Suburbs

Closest Train Station

Southern Cross Station 2.52 km

Selected Demographics of Albert Park

  • 2941 Number of House
  • 1540 Number of Unit
  • 9454 Number of People
  • 40 Median Age
  • 2.2 Median Household Size
  • $432 Weekly Rent
  • $1,010 Weekly Individual Income
  • $2,688 Weekly Family Income
  • $1,981 Weekly Household Income
  • $2,150,000 Median Asking Price
  • $795 Median Rent
  • 0.02% Rent Yield
  • 79 Stock On Sale
  • 1.11% Vacancy Rate
  • 19 Average Supply
  • 4289 Average Demand
  • 221.86 Supply Demand Ratio

Schools in Albert Park

School NameSchool SectorSchool Type
Albert Park CollegeGovernmentSecondary
Albert Park Primary SchoolGovernmentPrimary

Leading Agencies (Sale)

Cayzer Real Estate - Albert Park 21%

Greg Hocking Real Estate - Albert Park 17%
Hocking Stuart - (Albert Park) Pty Ltd 16%
Marshall White - Albert Park 12%
Buxton - Albert Park 5%
Hocking Stuart - Ballarat 4%
RT Edgar - Albert Park 3%
Marshall White - ARMADALE 3%
PARKINSON - Albert Park 1%
Abercromby's Real Estate - Armadale 1%

Leading Agents (Rent)

Agent NamePercentage
Hocking Stuart - (Albert Park) Pty Ltd23%
Cayzer Real Estate - Albert Park18%
RT Edgar - Albert Park10%
Buxton - Albert Park6%
Greg Hocking Real Estate - Albert Park6%
Dixon Kestles - South Melbourne2%
Marshall White - ARMADALE1%
Maher & Co - Port Melbourne1%
Harcourts - St Kilda1%
Biggin & Scott - St Kilda1%