Suburb Profile Report for St Albans Park VIC (3219)

St Albans Park House: Median price $324,150, Annual capital growth 3.08%, Number of sales 80, Weekly median advertised rent $318

St Albans Park Unit: Median price $260,000, Annual capital growth 5.64%, Number of sales 13, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in St Albans Park, 3219 have given investors a capital gain of -1.62%. This compares very badly with the 8.96% for VIC as a whole.

If we look at median property appreciation over just the last three months, St Albans Park has given property investors a paper return of -2.36%. This puts Suburb as 636 on a list of fastest fasting appreciating suburbs in VIC

St Albans Park3219 is located in VIC which offers an average discount of -5.87% to property investors. St Albans Park itself is showing figures that indicate -5.08% is the average achievable by property buyers investing in the suburb.

At number 1042 in a list of fastest selling suburbs, St Albans Park is in the TOP 30% of suburbs in Australia with an average of days on market 61.29 for properties listed there.

With the median price for a house in St Albans Park being $324150 and the advertised rent reaching $317.5 the gross rental yield for property investors calculates out to be 5.09%

VIC has seen average median house prices change by 4.26% which means that St Albans Park, 3219 has done well for property investors by showing a capital gain of 7.00% over the last year

The five-year average increase in median property values for St Albans Park,3219 has given property investors a potential capital gain of 1.96% across each of those five years.

Property buyers and investors in St Albans Park 3219 should be seeing an average reduction in asking price of around -5.16% . This means that St Albans Park is holding prices well when compared to other suburbs in VIC.

Renters in Suburb are facing rents around $3360 per annum or $280 every week.

Metrics i HOUSE UNIT
$324,150 $260,000
-2.36% N/A
-1.62% 7.00%
3.08% 5.64%
$318 $280
80 13
5.09% 5.60%
61.29 111

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 4924
Median household income ($/weekly) 1064
Median age of persons 39
Median housing loan repayment ($/monthly) 1500
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 619 12.6
    25-34 years 613 12.4
    35-44 years 691 14.0
    45-54 years 681 13.8
    55-64 years 549 11.1
    Others 1772 36.0
    Age Group
    Census Count Percent(%)
    Registered Married 1820 49.6
    Not Married 1485 40.4
    Defacto Relationship 367 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4194 89.2
    Japan 32 0.7
    New Zealand 38 0.8
    United Kingdom 219 4.7
    Other 57 1.2
    Others 162 3.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 27 0.6
    Christianity 3206 71.0
    Islam 9 0.2
    Other Religious Groups 13 0.3
    No Religion 1251 27.7
    Others 7 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 217 12.9
    $600-$799 185 11.0
    $1,000-$1,249 176 10.4
    $1,500-$1,999 242 14.4
    $2,000-$2,499 170 10.1
    Others 696 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1481 39.0
    Not in the labour force 1314 34.6
    Employed, worked part-time 743 19.5
    Employed, away from work 158 4.2
    Unemployed, looking for work 105 2.8
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 459 19.3
    Community & personal service workers 286 12.0
    Clerical & administrative workers 305 12.8
    Sales 283 11.9
    Labourers 307 12.9
    Others 739 31.1
    Occupation
    Census Count Percent(%)
    Pre-school 79 7.6
    Infants/Primary 393 37.9
    Secondary 307 29.6
    Technical or Further Educational Institution 119 11.5
    University or other Tertiary Institutions 101 9.7
    Others 37 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4224 90.4
    Flat, unit or apartment 259 5.5
    Semi-detached, row or terrace house, townhouse 188 4.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 863 47.1
    Fully owned 534 29.1
    Rented 355 19.4
    Other tenure type 80 4.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals