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Investment Property Albert Park, VIC, 3206

Suburb Snapshot

Albert Park is a suburb in the Port Phillip Region of Victoria. Albert Park has a population of 6,216 people and 31.57% of its occupants live in rental accommodation. The median listing price for houses is $1,850,000 and this has changed 5.71% over the past year and changed -15.91% over 2 years.

The median rent in Albert Park for houses is $860 per week and the median rental yield is 2.41%. Stock on the market for houses/townhouses has changed -5.00% compared to last year and the average time to sell a house/townhouse is 42 days.The median listing price for units is $840,000 and this has changed 24.44% over the past year. The average unit takes 63 days to sell and the median rent for a unit in Albert Park is $505 per week, producing a rental yield of 3.12%.

Supply & Demand in Albert Park, Port Phillip

0.99%

Current vacancy rate


32

Rental stock available


6,216

Population


31.57%

Rental population


1.64%

Current vacancy rate


874

Rental stock available


100,866

Population


43.19%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Albert Park, Port Phillip

  House Townhouses Units
Median listing price $1,850,000 NA $840,000
Median price change - last quarter -7.50% NA 3.00%
Median price change - 1 year 5.71% NA 24.44%
Median price change - 2 years -15.91% NA 12.14%
  House Townhouses Units
Median weekly rent $860 NA $505
Median yield % 2.41% NA 3.12%
Median rent change - 1 year 1.17% NA 2.02%
  House Units
Previous month sales 8 1
Stock on market previous month 19 7
Stock variance vs. last year -5.00% 75.00%
Average days on market 42 63

Albert Park investment property listings

Showing 5 of 47 investment properties found in Albert Park on realestateinvestar.com.au

1-9/253 Danks St, Albert Park

$5,500,000

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Prime Albert Park Landholding with Exceptional Development Poten

Inspections via appointment only. Positioned within one of Melbourne's most tightly held bayside enclaves, this exceptional Albert Park opportunity presents a substantial 630sqm (approx.) allotment with outstanding scope for future development. Currently occupying the site is a substantial ...

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Block

VIC 3206


106 Kerferd Rd, Albert Park

$4,300,000

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Timeless Grandeur in a First Class Village Locale

Expressions of Interest Exuding ornate period elegance throughout decadent proportions, this striking double fronted residence delivers picturesque environs zoned for modern family enjoyment in a tightly held address just moments from the Albert Park Village. Abound with incredible period features ...

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House

VIC 3206


90 Bridport St, Albert Park

$7,500,000

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BLUEWATER Architecturally-Designed Masterpiece

Expressions of Interest Close 12 May 12.00pm Beyond its magnificent facade, "Bluewater" represents the pinnacle of Albert Park living, reimagined by McMahon & Nerlich Architects with luxury builders Alt Construction into a grand-scale family home that moves well beyond its Victorian origins. ...

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House

VIC 3206


11/152 Bridport St, Albert Park

$1,595,000

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Reimagined Heritage Living with City Skyline Views

Long regarded as the centrepiece of Albert Park Village, the Biltmore remains one of the city's most distinguished heritage buildings, its grand 1880s coffee palace origins reinterpreted for contemporary living. With arched loggias and a stately façade that continue to define the streetscape, it ...

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Unit

VIC 3206


10 Greig St, Albert Park

$5,500,000

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North-Facing Designer Living with Triple Garage

Expressions Of Interest Close 26 May 12.00pm Positioned on one of Albert Park's most coveted village-edge streets, this exceptional contemporary residence has been reimagined from the ground up, with a rare double frontage, a triple remote garage to Little Vincent Street, and an inspired approach ...

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House

VIC 3206


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