Suburb Profile Report for St Albans Park VIC (3219)

St Albans Park House: Median price $400,000, Annual capital growth 5.14%, Number of sales 66, Weekly median advertised rent $360

St Albans Park Unit: Median price $320,000, Annual capital growth 4.35%, Number of sales 13, Weekly median advertised rent $280

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

St Albans Park has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 14.46% to date .

St Albans Park,3219 has offered an average of 14.46% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in St Albans Park are currently offering property investors an average price cut of -4.58% below the asking price at the moment.

Often selling an investment property can take time, and in St Albans Park the average time real estate has been on the market is 33.29 days.

Property investors should expect to get $360 weekly from the median priced house in this suburb.

Property value increases in St Albans Park have tracked higher than the VIC average of 7.50% over the last 12 months.

Over the longer term, St Albans Park has seen property prices show investors a 33.33% return over the last 3 years. This is worse than over the last 12 months

Advertised rents are around the $280 mark per week – giving a return of 4.55% based on the median price in Suburb

Metrics i HOUSE UNIT
$400,000 $320,000
2.17% 4.23%
14.46% 24.03%
5.14% 4.35%
$360 $280
66 13
4.68% 4.55%
33.29 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Balanced (U)
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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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