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Updated March 2026

Albert Park: $2.2M Median, 111 Microburbs, $1.0M-to-$6.7M Range

4,297 addresses across 111 microburbs. Mixed housing (2,817 houses, 1,475 units). Block-level price data from $1.0M to $6.7M.

Median House
$2.2M
Melbourne
Median Unit
$862K
Median Rent
$1K/wk
Addresses
4,297
Mixed housing
Microburbs
111
Block-level data

What Does Your Budget Buy in Albert Park?

The $2.2M median tells you very little. Here is what each price band looks like, based on block-level data across 89 microburbs with price data.

$1.0M - $1.8M
Entry level. Older stock, smaller lots, properties needing work.
$1.8M - $2.2M
Mid-range. Updated homes on standard lots. Solid family options.
$2.2M - $2.7M
Upper range. Renovated or larger homes in sought-after pockets.
$2.7M - $6.7M
Premium. Top-tier homes, best positions, fully renovated or new builds.
Layer:
111 microburbs mapped. Houses: $1.0M to $6.7M. Full Albert Park report
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What Makes Albert Park Different

What agents are selling

Based on 62 listing descriptions analysed by Microburbs.

The numbers

Albert Park Has 4 Distinct Price Tiers

Prices vary by over $5.7M depending on which block you buy. The suburb splits into clear micro-markets.

Entry Level (Ashworth, Beaconsfield, Boyd, Canterbury)

  • Median $1.5M, range $1.0M to $1.8M
  • 22 microburbs in this price band
  • Older stock, smaller lots, or properties needing work
  • Best value entry point to the suburb

Core Family (Ashworth, Barrett, Beaconsfield, Boyd)

  • Median $2.0M, range $1.8M to $2.2M
  • 22 microburbs in this price band
  • Updated homes on standard lots
  • Highest sales volume sits in this band

Upper Range (Ashworth, Barrett, Beaconsfield, Boyd)

  • Median $2.4M, range $2.2M to $2.7M
  • 22 microburbs in this price band
  • Renovated or larger homes in sought-after streets

Premium (Barrett, Beaconsfield, Bevan, Boyd)

  • Median $3.2M, range $2.7M to $6.7M
  • 23 microburbs in this price band
  • Top-tier positions, fully renovated or new builds
  • Tightly held. Rarely come to market

Street-Level Median Prices

Median house price by street, top 8 streets by sales volume.

StreetMedianTotal Sales% RentersTurnover
Beaconsfield Parade$875K10226%9.1 yrs
Kerferd Road$1.3M7423%12.1 yrs
Richardson Street$830K7325%4.8 yrs
Mills Street$1.1M5128%12.5 yrs
Moubray Street$1.0M4745%10.2 yrs
Bridport Street$736K4542%7.6 yrs
Reed Street$1.4M4447%9.3 yrs
St Vincent Street$1.6M4353%13.3 yrs

More streets available in the full Albert Park report.

Street Price Trends . See historical price trends for every street in the full Albert Park report.
Get Street Data

Confirmed Sales (to March 2026)

AddressSale PriceAVM Valuevs AVMBed/Bath/GarLandDate
22 Little Page Street$1,380,000$1,750,000-21%2/1/--209sqm2023-06
98 Richardson Street$1,300,000$2,420,000-46%3/2/1318sqm2023-06
13-15 Boyd Street$3,250,000--3/2/2320sqm2023-06
23 Finlay Street$2,100,000$3,640,000-42%4/2/1233sqm2023-06
53 Hambleton Street$1,000,000$2,530,000-60%4/2/--188sqm2023-06
7 Little Finlay Street$1,111,000$1,600,000-31%2/2/--96sqm2023-06

Blurred valuations are in the full report. More sales in the full Albert Park report.

Currently For Sale

AddressGuideAVM ValueBed/BathType
Unit 8, 24 Foote Street$75,000$440K1/1Apartment
41 Carter Street$115,500$1.3M1/1House
Unit 1, 84 Reed Street$175,500$425K1/1Apartment
Unit 2, 84 Reed Street$175,500$425K1/1Apartment
79 Little Page Street$95,000$1.7M1/1House

5 properties listed. Blurred valuations are in the full report. See all Albert Park listings.

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Rental Market

Rent data across 89 microburbs with rental listings.

$566/wk
Lowest Rent
$1,105/wk
Median Rent
$5,409/wk
Highest Rent

Rent varies from $566/wk to $5,409/wk across different blocks. Gross yield is approximately 2.6%. See rental yield by block in the full report.

What Homes Look Like in Albert Park

Based on 62 listing descriptions analysed. Shows how often each feature appears.

Outdoor Entertaining
85%
Natural Light
81%
Good Aspect
47%
Ensuite
45%
Large Kitchen
29%
Views
26%
Pool
5%
Level Access
5%
Renovation Profile

Based on 60 listings: Fully renovated (62%), Partially renovated (33%), Needs renovation (5%).

Feature data from listing descriptions. Individual property features in the full Albert Park report.

Market Summary

MetricAlbert Park
Total addresses4,297
Freestanding houses2,817
Units1,475
Median house$2.2M
Median unit$862K
Median rent (house)$1K/wk
Microburbs mapped111

Price Range

MetricAlbert Park
Cheapest block median$1.0M
Most expensive block$6.7M
SUAMelbourne
StateVictoria
Gross yield (approx)2.6%

Albert Park vs Neighbours

SuburbSUAMedian HouseAddresses
Albert ParkMelbourne$2.2M4,297
MelbourneMelbourne$821K58,56562% less
SouthbankMelbourne$1.0M51,42653% less
DocklandsMelbourne$1.4M25,59438% less
South MelbourneMelbourne$2.0M15,3219% less
Port MelbourneMelbourne$1.6M13,34627% less
St KildaMelbourne$1.5M12,03833% less

Common Questions About Albert Park Real Estate

Is Albert Park a good suburb?
Albert Park has median house price of $2.2M, gross rental yield of 2.6%, beach and coastal lifestyle, train access. Prices range from $1.0M to $6.7M depending on which block you buy. The full Albert Park report maps every block individually.
Is Albert Park expensive?
The median house price in Albert Park is $2.2M. More expensive than Melbourne ($821K). Entry-level blocks start around $1.0M.
What is Albert Park like to live in?
Based on 62 listing descriptions, Albert Park is known for a beach suburb with coastal lifestyle; heritage and period homes (84% of listings); a strong cafe and dining scene (95% of listings); green and leafy with good park access. Mixed housing (2,817 houses, 1,475 units). See the block-level breakdown in the full report.
What are the best streets in Albert Park?
The most active streets by sales volume are Beaconsfield Parade (102 sales, median $875K), Kerferd Road (74 sales, median $1.3M), and Richardson Street (73 sales, median $830K). Street-level data for all streets in the full report.
Is Albert Park a good investment?
Median rent $1K/wk. gross yield 2.6%. The full Albert Park report includes: block-level yield mapping, vacancy rates per street, supply pressure scores, days on market by block, rental demand indicators, and AVM valuations for every property. Our backtested suburb forecasting model covers Albert Park with 15-year historical validation and forward estimates. See how individual blocks within Albert Park compare on yield vs growth.

Explore More About Albert Park

Every topic below has its own block-level analysis for Albert Park.