Market snapshot
Suburb insights for Albert Park3206
Change suburbAlbert Park is a prestigious suburb just 3?km south of Melbourne’s CBD, offering a blend of historic Victorian homes, tree-lined boulevards, and bayside living. The suburb surrounds Albert Park Lake, a popular venue for running, sailing, and the annual Formula 1 Grand Prix. With boutique shops and cafés on Bridport Street and Victoria Avenue, Albert Park attracts families, professionals, and retirees seeking a fined coastal lifestyle close to the city.
Recent sales and auction results in Albert Park
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 23 Finlay St, Albert Park | 4 |  | House | Auction Sale | 15/08/2025 | Marshall White & Co | View |
| 34 Pickles St, Albert Park | 3 | | House | Sold Before Auction | 6/08/2025 | Marshall White & Co | View |
Sales data
Median sale price
$2.4mil
Quarterly price change
14.9%
Metro Melbourne Comparison
$924k
0.4%
| Bedrooms | Albert Park | Metro comparison |
|---|---|---|
| 2 | $1,370,000 | $890,000 |
| 3 | $2,412,500 | $815,000 |
| 4 | $3,650,000 | $950,000 |
| Insight | Albert Park | Metro comparison |
|---|---|---|
| Clearance rate | 71.4% | 79.5% |
| Days on market | 34.5 | 39 |
Rental data
Median weekly rent
$890
Rental yield
2%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Albert Park | Metro comparison |
|---|---|---|
| 2 | $765 | $580 |
| 3 | $1,100 | $550 |
| 4 | - | $600 |
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