Hodges Real Estate

Suburb Overview

Albert Park – 3206

  • 6,044Population
  • 46Median Age

Suburb Performance Potential - 08/23 Quarter

    Albert Park – 3206
    • $2,275,000Median House Price
      (Updated Aug 2023)
    • 7.01%Quarterly Price Change
    • $817,500Median Unit Price
      (Updated Nov 2021)

    Albert Park is located 3 km south of the CBD. Located on Port Phillip Bay in Melbourne's inner south Albert Park is a primarily residential suburb with large tracts of parkland and recreation areas. Albert Park features a large number of renters and small (one and two person) households. The suburb features the Australian Formula 1 Grand Prix circuit and the Melbourne Sports and Aquatic Centre.

    Sales Snapshot for Albert Park – 3206

    • 70.59%Auction Clearance Rate
      Summary Date: 28 Apr 24
    • 76.40%Auctioned Sale Method
      (Last 12 months)
      Summary Date: 28 Apr 24
    • 25 daysMedian days on market
      (Last 12 months)
      From April 24
    • 89Total Sales
      From April 24

    Median SalesFrom properties in proximity to Albert Park – 3206

    • St Kilda West$2,650,000
    • Albert Park$2,126,000
    • Port Melbourne$1,601,000
    • South Melbourne$1,555,000
    • St Kilda$1,550,000
    • Melbourne$560,000
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    Listings for Albert Park – 3206

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