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 |
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
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40 SELTH ST, ALBERT PARK, SA, 5014 |  3 |
 1 |
 4 |
950000 |
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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 0.6 | 17.2 | 29.3 | 29.0 | 74.7 | 5.2 | 27.5 |
| Feb | 0.8 | 17.0 | 28.1 | 34.2 | 76.5 | 4.9 | 24.1 |
| Mar | 0.8 | 15.3 | 25.7 | 36.5 | 80.5 | 4.7 | 19.2 |
| Apr | 1.1 | 12.6 | 22.8 | 39.8 | 84.6 | 4.2 | 14.5 |
| May | 1.5 | 10.2 | 18.8 | 47.8 | 88.6 | 4.3 | 10.3 |
| Jun | 1.7 | 7.8 | 16.1 | 54.3 | 92.2 | 4.3 | 9.1 |
| Jul | 1.8 | 7.8 | 15.4 | 54.8 | 91.7 | 5.0 | 9.1 |
| Aug | 1.4 | 7.8 | 16.2 | 50.0 | 90.4 | 5.0 | 12.3 |
| Sept | 1.2 | 9.7 | 19.3 | 41.6 | 86.6 | 5.3 | 17.1 |
| Oct | 0.8 | 11.5 | 22.1 | 36.2 | 83.6 | 5.1 | 22.1 |
| Nov | 0.6 | 13.5 | 24.7 | 32.6 | 80.4 | 5.1 | 26.5 |
| Dec | 0.5 | 15.5 | 27.2 | 30.7 | 77.3 | 5.3 | 28.4 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
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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