Albert Park — Houses

NEUTRAL
VIC 3206 House Rank #67 of 263 in Melbourne
$3.10M
Median House Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
163 buyers/listing
Strong
LIQUIDITY
25d DOM
Strong
AFFORDABILITY
3.3% vs 5yr
Neutral
GROWTH OUTLOOK
Average
Neutral
YIELD
2.7%
Weak
SUPPLY PRESSURE
1.1% vacancy
Strong
#67/263 Average Structure 11 $3.10M

Atlaso rates Albert Park houses as HOLD. Average growth outlook. Vacancy remains tight at 1.07%, but conviction is not high enough for a BUY rating. Better houses options may be available in Melbourne.

At $3.10M, Albert Park ranks #67 of 263 houses in Melbourne. The long-term structural outlook is Average. Buyer demand is strong with 163 buyers per listing.

Albert Park Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
-4.1%
Asking Prices (3mo)
-5.4%
Rents (12mo)
1.4%
Vacancy
55%
Fresh Stock (<30d)

House Asking Prices (12 months)

$2.18M

House Weekly Rents (12 months)

$1,144/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3206.

Suburb Profile

Albert Park at a Glance

SEIFA Index
10/10
Most advantaged
Household Income
$2,659/wk
Median household
Median Age
46
Years
Mortgage Stress
30%
of income
Population Growth
-0.2%
vs state +2.2%
Ownership Mix
35.4% owned 25.3% mortgage 36.7% renting

Demographic Trends

Albert Park Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Albert Park Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Albert Park a good suburb to invest in?
Atlaso rates Albert Park as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Albert Park and 46 Australian cities to generate this rating.
What is the median house price in Albert Park?
The current median house price in Albert Park, vic is $3.10M, with annual growth of +10.3%. Properties sell in approximately 25 days.
How fast do properties sell in Albert Park?
Properties in Albert Park sell in 25 days on average. The market is currently rated Average. This is in line with the broader market.
What is the growth outlook for Albert Park?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Albert Park's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Albert Park?
The gross rental yield for houses in Albert Park is 2.7%. This is in line with the broader market average.

Want to compare suburbs?

Check Another Suburb
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).