ALBERT PARK 3206
State: VICPosiProp AI Investment Summary
ALBERT PARK (VIC 3206) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.8% and has experienced a 12-month capital growth of Up 7.8%, with a median house buy price of $2,501,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,585,000
$2,600,000
$3,200,000
$2,501,000
Suburb Market Profile
Last month Albert Park had 28 properties available for rent and 24 properties for sale. Median property prices over the last year range from $2,501,000 for houses to $958,500 for units. If you are looking for an investment property, consider houses in Albert Park rent out for $975 PW with an annual rental yield of 2.8% and units rent for $645 PW with a rental yield of 4.3%. Albert Park has seen an annual compound growth rate of 7.8% for houses and 36.9% for units.
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