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This property has been sold for $1,110,000 on 20 June 2026
23 days on market
Market context at sale
Property overview
This 2-bedroom house at 24 Herbert Place in Albert Park, VIC 3206 sold for $1.1M in June 2026, with 1 bathroom. It offers a 92 m2 block and 80 m2 of internal living space. Albert Park sits about 3.6 km from the CBD, where the median house price is $2.5M. Council data records heritage overlay on the site. There are 79 schools within roughly 5km, and the area scores 87 for walkability and 100 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $1,150,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
- Planning overlay risk
Listed
Updated
Days on market
23
Investment Score
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Albert Park at a glance
House market signals | VIC 3206
Median
$2.5M
Market signals
To CBD
4 km
Est. Valuation
$1,240,167
Potential Sell Price
Est. Rent/wk
$732
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Planning Overlays
Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $1,150,000
- Stamp Duty (Victoria)
- $63,250
- Transfer/Registration Fee
- $2,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $1,218,450
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 3206
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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