Powered by MOMENTUM MEDIA
AREA REPORTS

St Albans Park

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

house
unit

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 6.26% for the past year.

Investors saw the median home price rise to $450,000.

Profits due to an upward trend in home prices in the suburb averaged 6.45% per annum over a 3-year period.

ST ALBANS PARK now ranks at the 328th 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 $365 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 28.5 days.

In 2016, 52 properties were sold in ST ALBANS PARK during the past year, making it the 189th most active market in VIC based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $450,000 $352,500
GROWTH REPORT
Median Quarterly 2.27% -6%
Median 12 month 6.26% -7.36%
Median 3 years 19.36% 31.78%
Median 5 years 36.83% 41%
10 years average annual 4.35% 1%
Weekly media advert. rent $365 $300
Time on Market 28.5 days 52.4 days
Gross Rental Yield Percent 4.22% 4.43%
demographics (median values)
Total Population
4695
Weekly Household Income
991.3
Household Size
2.60
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.