Real Estate Appraisal Albert Park VIC 3206
How much is my home worth in Albert Park?
The median price for a house in Albert Park is $2,475,000 as of June 1, 2023. The median price for a unit is $700,000.
The average annual growth on houses is 3.3%, and for units, it is 16.84%. The 12-month capital growth is 7.6% on houses, and for units, it is -20.9%.
There have been 96 houses sold and 10 units sold in the last year.
It takes on average 46 days to sell a house and 75 days to sell a unit in Albert Park.
In Albert Park, there were 24 homes for sale and 32 homes for rent last month. The median price of real estate during the previous year ranged from $2,475,000 for homes to $700,000. When searching for an investment property, keep in mind that homes in Albert Park rent for $895 per week with a 2.3% annual rental return and apartments rent for $460 per week with a 3.3% annual rental yield.
House prices and rent returns in Albert Park.
- 2 bedroom home $1,632,000, Rent per week $750
- 3 bedroom home $2,615,000 Rent per week $1100
- 4 bedroom home $2,938,000, Rent per week $1450
Unit prices and rent returns in Albert Park.
- 1 bedroom unit N/A, Rent per week $377
- 2 bedroom unit N/A, Rent per week $545
- 3 bedroom unit N/A, Rent per week N/A
In Albert Park, the gross rental yield is 2.3% on houses and 3.3% on units.
Free Real Estate Appraisal Albert Park
Selling your house in Albert Park? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location of amenities, schools and shops. Our agents will provide this valuation free of charge.
Free Rental Appraisal Albert Park
Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 34,000 properties in Australia. Our focus is to maintain and care for your property so you can realise the maximum return on your investment. We use the latest software tools to organise our services and we provide full digital tax accounting files. We work closely with the landlord and report regularly on their property. We have a large database of potential tenants that we screen for security reasons.
Property Valuation Albert Park
The majority of people believe a property appraisal and a property valuation are the same. In part, this is true. However, if you need a valuation for legal purposes, you need to engage the services of a licenced property valuer. A valuation from a certified property valuer will cost you money. Or, if you just want to know how much your home is worth, then any registered real estate agent can give you a good understanding of what price you could get for your property, both for sales and rent.
If you want to know the value of your Albert Park home, request an appraisal today to speak to one of our experienced Property Consultants or Property Managers.
How do we appraise a property in Albert Park?
- Recent property sales history in the Albert Park district
- Location and the proximity to amenities
- Accessibility of schools and shops
- Comparison of market values
- Condition and size of the property
Want to know what your Albert Park home is worth?
Albert Park Real Estate Agents - Contact Details
Office: Yarra's Edge
Phone: 03 9020 9380