VIC/
St albans park

Suburb Profile

St Albans Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3219

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ST ALBANS PARK, 3219 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in VIC have risen as a whole, pulling ST ALBANS PARK, 3219 values up and netting property investors a capital gain of 14.8% for the past year.

Investors saw the median home price rise to $380,000.

Profits due to an upward trend in home prices in the suburb averaged 4.76% per annum over a 3-year period.

ST ALBANS PARK now ranks at the 453rd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in ST ALBANS PARK are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $345 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ST ALBANS PARK, homes and units usually stay on listing for an average of 43.0 days.

In 2016, 76 properties were sold in ST ALBANS PARK during the past year, making it the 79th most active market in VIC based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $380,000 $275,000
GROWTH REPORT
Median Quarterly 0.8% 2.8%
Median 12 month 14.8% 5.77%
Median 3 years 14.29% 5.57%
Median 5 years 22.58% 11%
10 years average annual 4.33% 2.48%
Weekly media advert. rent $345 $280
Time on Market 43.0 days 0.0 days
Gross Rental Yield Percent 4.72% 5.29%
demographics (median values)
Total Population
4695
Weekly Household Income
991.3
Household Size
2.60
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St Albans Park, VIC
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