Suburb Profile Report for St Albans Park VIC (3219)

St Albans Park House: Median price $335,500, Annual capital growth 3.15%, Number of sales 80, Weekly median advertised rent $330

St Albans Park Unit: Median price $255,000, Annual capital growth 2.43%, 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

VIC has seen average median house prices change by 10.43% which means that St Albans Park, 3219 has done well for property investors by showing a capital gain of 0.15% over the last year

While St Albans Park,3219 ranked number 476th in VIC for increase in median house value (annualised) increase, it is ranked 582th over the last 5 years.

Property investors looking for a bargain in St Albans Park should be aiming for at least -4.23% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $330 weekly from the median priced house in this suburb.

Over the last year, property investments in St Albans Park, 3219 have given investors a capital gain of 0.99%. This compares badly with the 4.79% for VIC as a whole.

The five-year average increase in median property values for St Albans Park,3219 has given property investors a potential capital gain of 2.62% across each of those five years.

St Albans Park, 3219 is offering VIC ‘s 165th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.

At number 1258 in a list of fastest selling suburbs, St Albans Park is in the bottom 20% of suburbs in Australia with an average of days on market 111.63 for properties listed there.

St Albans Park is 29th on a list of best yielding suburbs for rents in VIC with a 5.71% return

Metrics i HOUSE UNIT
$335,500 $255,000
1.05% -1.92%
0.15% 0.99%
3.15% 2.43%
$330 $280
80 13
5.11% 5.71%
56.28 111.63

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in St Albans Park VIC
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