At number 724th in the list of Australian suburbs ordered by increase in median house value over the last year, St Albans Park, 3219 is in the top 20% with a property value increase of 14.80% recorded in median house prices.
If we look at median property appreciation over just the last three months, St Albans Park has given property investors a paper return of 0.53%. This puts Suburb as 447 on a list of fastest fasting appreciating suburbs in VIC
The most recent median price for St Albans Park is $380000, with sellers offering an average of -4.13% off the asking price.
Property value increases in St Albans Park have tracked close to the VIC average of 8.36% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in St Albans Park has increased when compared to the 5 year average annual rate.
Property buyers and investors in St Albans Park 3219 should be seeing an average reduction in asking price of around -6.59% . This means that St Albans Park is holding prices well when compared to other suburbs in VIC.
At number 890 in a list of fastest selling suburbs, St Albans Park is in the bottom 40% of suburbs in Australia with an average of days on market 78.9 for properties listed there.
Advertised rents are around the $285 mark per week – giving a return of 5.26% based on the median price in Suburb