Suburb Profile Report for St Albans VIC (3021)

St Albans House: Median price $490,000, Annual capital growth 9.00%, Number of sales 426, Weekly median advertised rent $330

St Albans Unit: Median price $330,000, Annual capital growth 5.94%, Number of sales 189, Weekly median advertised rent $300

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

If you compare the increase in value of investment property in St Albans, 3021 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 16.95%.

Comparing St Albans,3021 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in St Albans are currently offering property investors an average price cut of -4.97% below the asking price at the moment.

Situated 15.97km from the CBD, St Albans is one of Brimbank localities in the postcode 3021.

St Albans is an average performer in VIC when comparing median price capital growth over the last year. St Albans gave property investors a good capital gain figure when compared to the rest of the state, with 5.60%.

A 7.67% growth in median value for property investors in St Albans,3021 puts this suburb at number 169th in terms of best performing suburbs in VIC

Property investors looking for a bargain in St Albans should be aiming for at least -6.01% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 189 properties changed hands in St Albans, which puts it as the 34th most active market in VIC when comparing the number of sales per suburb.

YIP MAG Information supplied by:

February 2016


A neighbourhood in the process of gentrification, St Albans is welcoming a younger demographic looking for affordability and easy access to the city, which is 16km southeast.Full summary A neighbourhood in the process of gentrification, St Albans is welcoming a younger demographic looking for affordability and easy access to the city, which is 16km southeast.

A median house price of just over $400,000 makes St Albans a remarkably inexpensive middle-ring suburb.

Alongside its proximity to the Melbourne CBD, St Albans’ major drawcard is its excellent public transport system.

Teeming with buses and with a direct rail line into the city,

St Albans is undergoing significant upgrades to its infrastructure, with its train station set to be rebuilt underground to ease traffic congestion and improve safety.

St Albans also has all the amenities local residents desire, including a large local shopping centre, a library, a leisure and swimming centre, and a modern cafe and dining strip.

For families, there are a large number of schools – some ranked in Melbourne’s top 10 – as well as a Victoria University campus.

There are also abundant recreational facilities, including a skate park, playgrounds and large open parks on its east and west borders.

St Albans is a large suburb with a population of 35,000, and finding the right area within it is important. There are less desirable pockets of the neighbourhood that are best avoided, but the majority of its streets are leafy and quiet.

There is strong predicted growth for this suburb as its qualities and lifestyle continue to attract future buyers.Close
$490,000 $330,000
4.48% 0.53%
16.95% 5.60%
9.00% 5.94%
$330 $300
426 189
3.50% 4.73%
66.64 79.75

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in St Albans VIC
Total population 35091
Median household income ($/weekly) 865
Median age of persons 36
Median housing loan repayment ($/monthly) 1400
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 3950 11.3
    25-34 years 5952 17.0
    35-44 years 4618 13.2
    45-54 years 4172 11.9
    55-64 years 4084 11.6
    Others 12315 35.1
    Age Group
    Census Count Percent(%)
    Not Married 13275 50.1
    Registered Married 12194 46.0
    Defacto Relationship 1023 3.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 12159 38.0
    Indonesia 2206 6.9
    Netherlands 1474 4.6
    Viet Nam 5498 17.2
    Other 3231 10.1
    Others 7452 23.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 6056 19.2
    Christianity 18112 57.3
    Islam 1840 5.8
    Other Religious Groups 1335 4.2
    No Religion 3346 10.6
    Others 922 2.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 1412 14.0
    $600-$799 1284 12.8
    $800-$999 1047 10.4
    $1,000-$1,249 1078 10.7
    $1,500-$1,999 1082 10.8
    Others 4147 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 12651 48.2
    Employed, worked full-time 7305 27.8
    Employed, worked part-time 3788 14.4
    Unemployed, looking for work 1521 5.8
    Employed, away from work 974 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1296 10.7
    Technicians & trades workers 1877 15.6
    Clerical & administrative workers 1477 12.2
    Machinery operators & drivers 1720 14.3
    Labourers 2284 18.9
    Others 3415 28.3
    Census Count Percent(%)
    Infants/Primary 2160 28.8
    Secondary 1998 26.6
    Technical or Further Educational Institution 924 12.3
    University or other Tertiary Institutions 1359 18.1
    Other type of educational institution 663 8.8
    Others 403 5.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 27708 84.8
    Semi-detached, row or terrace house, townhouse 1480 4.5
    Flat, unit or apartment 3470 10.6
    Caravan, cabin, houseboat 7 0.0
    House or flat attached to a shop, office 23 0.1
    Others 5 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 4438 40.7
    Rented 3380 31.0
    Being purchased 3024 27.7
    Other tenure type 57 0.5
    Tenure Type
Census 2011, ABS
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