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Mont Albert, VIC 3127
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$2,240,000
market range $2.2M-$2.3M
Median Unit
$820,000
market range $750K-$875K
Gross Yield (houses)
1.7%
1yr Growth (houses)
-6.5%
market range -17.5% to +5.0%
Investment snapshot for Mont Albert
Mont Albert has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Mont Albert market and investor summary
In Mont Albert, VIC 3127, the median house sells for around $2.2M, on a gross rental yield of 1.7% for houses. House prices have moved -6.5% over the past year. At 1.9% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 1.7% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Mont Albert: people, income and schools
About 4,948 people live in Mont Albert, a number that has held fairly steady over five years. At a median age of 42, it reads as skewed a little older, and 72% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $121,000 a year (about $2,320 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 18.5 times local household income, so affordability is a genuine constraint on local buyers.
Families have 64 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Mont Albert sits about 13 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 69 for walkability and 92 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).
- Population
- 4,948
- -1% over 5yr
- Median age
- 42 years
- Median household income
- $121,000/yr
- Households renting
- 28%
- Family households
- 53%
- Socio-economic rank
- 10/10
- ABS advantage index
- Schools within 5km
- 64
- avg ICSEA 1130
- Unemployment
- 2.7%
- Distance to CBD
- 13 km
- Walk score
- 69/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Mont Albert
View all →Frequently asked questions about Mont Albert
What should I check before investing in Mont Albert?
Mont Albert has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.9% 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 are typical property prices in Mont Albert?
The median property price in Mont Albert, VIC 3127 is $2.2M for houses and $820K for units.
What rental yield does Mont Albert show?
The gross rental yield in Mont Albert is 1.7% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Mont Albert?
House prices in Mont Albert are down 6.5% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Mont Albert?
The current vacancy rate in Mont Albert is 1.9%. 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 Mont Albert?
Mont Albert has a population of approximately 4,948 residents, with a median age of 42.
What schools are near Mont Albert?
There are 64 schools within roughly 5km of Mont Albert. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Mont Albert affordable to buy in?
A median house in Mont Albert costs about 18.5 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Mont Albert's population growing?
The population of Mont Albert has fallen about 1% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Mont Albert from the CBD?
Mont Albert is about 13 km from the CBD.
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