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3206 · VIC
Albert Park
Data updated Q4 2025 · 145 bond lodgements/qtr
| House | Unit | |
|---|---|---|
| Median rent | $1,100/wk | $590/wk |
| 1yr change | ↑ 11.1%(was $990/wk) | ↑ 11.1%(was $531/wk) |
| 3yr change | ↑ 35.1%(was $814/wk) | ↑ 39.2%(was $424/wk) |
| Vacancy rate | 0.9%very tight | |
| Bond lodgements | 145 per quarter | |
Vacancy rate context
A healthy rental market sits around 3% vacancy. At 0.9%, Albert Park is in a severe rental shortage. Landlords have very high negotiating power, and tenants face intense competition for available properties.
Other suburbs in VIC
Median rents are calculated from rental bond lodgements submitted to state government authorities (NSW Fair Trading, RTBA VIC, RTA QLD, CBS SA, DMIRS WA). Data is updated quarterly and represents the median weekly rent for new tenancies.
$/wk
Median rent in Albert Park (2-bed unit): $502/wkQ4 2025 · 145 bonds