Suburb Profile Report for St Albans Park VIC (3219)

St Albans Park House: Median price $333,500, Annual capital growth 3.53%, Number of sales 78, Weekly median advertised rent $325

St Albans Park Unit: Median price $260,000, Annual capital growth 3.18%, Number of sales 12, Weekly median advertised rent $265

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

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 7.68% which means that St Albans Park, 3219 has done well for property investors by showing a capital gain of 1.41% over the last year

St Albans Park,3219 was ranked 2753 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in St Albans Park are currently offering property investors an average price cut of -5.90% below the asking price at the moment.

Residents and property investors in St Albans Park have been waiting around 71.49 days to sell a property.

Situated 65.14km from the CBD, St Albans Park is one of Greater Geelong localities in the postcode 3219.

With a capital gain of 4.00% for the last 12 months, St Albans Park, 3219 has performed for property investments than its average annual 3.18% property growth over the last 5 years.

St Albans Park,3219 has offered an average of 4.00% return per annum in house price rises to property investors over the last three years.

St Albans Park3219 is located in VIC which offers an average discount of -5.14% to property investors. St Albans Park itself is showing figures that indicate -5.55% is the average achievable by property buyers investing in the suburb.

Using the current median advertised rental of $265 and the average annual increase in value of a median property of 3.18%, investors should hope to achieve an overall return of 5.30%

HOUSE UNIT
$333,500 $260,000
-0.45% 2.97%
1.41% 4.00%
3.53% 3.18%
$325 $265
78 12
5.07% 5.30%
71.49 100.6

Source: CoreLogic

DSR Score for property investment : Above average (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
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Recent sales & rentals