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Albert Park, SA 5014

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$920,000

list-price estimate

Median Unit

$760,000

list-price estimate

Gross Yield (units)

4.2%

1yr Growth

-

Investment snapshot for Albert Park

Albert Park has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Albert Park market and investor summary

Albert Park sits in SA, postcode 5014. At 0.3% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 0.3% and a resident base that is not shrinking.

Living in Albert Park: people, income and schools

Albert Park is home to around 1,780 people, and the area has been growing steadily, up about 8% over five years. The median age is 39, broadly working-age, and families account for 66% of households.

Households here earn a median of about $78,000 a year, or roughly $1,500 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). Incomes have risen about 23% over five years, which tends to underpin what local buyers can pay.

There are 44 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 9.3 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 52 for walkability and 3 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
1,780
+8% over 5yr
Median age
39 years
Median household income
$78,000/yr
Households renting
29%
Family households
66%
Socio-economic rank
3/10
ABS advantage index
Schools within 5km
44
avg ICSEA 1009
Unemployment
4.5%
Distance to CBD
9.3 km
Walk score
52/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Albert Park

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Frequently asked questions about Albert Park

What should I check before investing in Albert Park?

Albert Park has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.2% gives a usable rent-to-price starting point. Tight rental market (0.3% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What rental yield does Albert Park show?

The gross rental yield in Albert Park is 4.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Albert Park?

The current vacancy rate in Albert Park is 0.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Albert Park?

Albert Park has a population of approximately 1,780 residents, with a median age of 39.

What schools are near Albert Park?

There are 44 schools within roughly 5km of Albert Park. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Albert Park's population growing?

The population of Albert Park has grown about 8% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Albert Park from the CBD?

Albert Park is about 9.3 km from the CBD.

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