Thinking about buying in St Albans Park? Now could not be a better time, with 2590 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $712,000 with prices in this suburb ranging from $290,000 to $2,228,000. St Albans Park is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $350.00 |
Median Monthly Mortgage | $1433.29 |
Median Persons Per Bedroom | 0.77 |
Average Household Size | 2.57 |
Average Age | 43.86 |
Average Income | $703.14 |
Average Cars Per Dwelling | 2.05 |
Average Properties Within 50M | 12 |
1 Bed  $736,000 |
2 Bed  $486,000 |
3 Bed  $705,000 |
4 Bed  $893,000 |
5 Bed  $995,000 |
6 Bed+$680,000 |
Consistent high demand relative to supply is a key feature in St Albans Park driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine St Albans Park due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in St Albans Park leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in St Albans Park necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in St Albans Park the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
St. Albans Park is a relatively new suburb of Geelong, Victoria. It is bordered to the south by the Barwon River and is surrounded by the suburbs of Whittington, Marshall, Moolap and Breakwater. Despite its relative youth, the St. Albans Uniting Church is known to have stood in the region, which was formerly known as Boronggoop, since at least 1870. With a growing population of over 4800 people, St Albans Park contains plenty of reserves and green spaces, along with a modern kindergarten and, of course, the church. The suburb contains the St Albans Homestead, a 30-room brick mansion with an attached stable, once known for housing many famous racehorses in the 19th century.
As a newer development with good facilities, St Albans Park is something of a family-oriented suburb, with many young families moving a little further away from the city centre to enjoy a less busy, more rural lifestyle. Despite its bucolic look and feel, however, St Albans Park is only 10 minutes by car from several major shopping centres, and is just 6 kilometres southeast of Geelong’s centre, making it accessible and conveniently placed. The median house price in St. Albans Park is around $640,000 AUD – a smaller figure than the average price of about $780,000 AUD in the Greater Geelong area – making it a reasonably priced, idyllic place to enjoy a relaxed life with all the convenience of city living just a stone’s throw away.
1 CARBINE DR, ST ALBANS PARK, VIC, 3219 | 3 | 2 | 2 | $650,000-$670,000 |
Whittington Primary School
Geelong East Primary School
MacKillop Specialist School
Newcomb Secondary College
Tate Street Primary School Geelong
Christ the King School
Newcomb Park Primary School
St Margaret's School
(While the above schools are located with the suburb of St Albans Park there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.1 | 14.5 | 26.1 | 43.4 | 89.3 | 4.0 | 24.4 |
Feb | 0.9 | 14.4 | 25.8 | 44.7 | 91.2 | 3.6 | 20.1 |
Mar | 1.0 | 13.9 | 24.2 | 47.9 | 92.5 | 3.4 | 14.7 |
Apr | 1.4 | 10.8 | 21.7 | 47.8 | 93.1 | 2.8 | 11.2 |
May | 1.9 | 8.1 | 17.5 | 56.0 | 93.2 | 3.1 | 7.9 |
Jun | 1.7 | 6.3 | 14.5 | 66.2 | 95.2 | 2.8 | 6.6 |
Jul | 1.5 | 6.6 | 14.5 | 61.2 | 93.3 | 3.6 | 7.6 |
Aug | 1.7 | 6.3 | 14.9 | 57.1 | 93.8 | 3.6 | 10.0 |
Sept | 1.8 | 7.8 | 17.8 | 50.8 | 93 | 3.7 | 14.4 |
Oct | 1.4 | 9.2 | 19.9 | 46.7 | 92.7 | 3.8 | 18.3 |
Nov | 1.3 | 10.8 | 21.9 | 46.4 | 92.7 | 3.7 | 22.3 |
Dec | 1.2 | 12.7 | 24.5 | 44.3 | 91.2 | 3.8 | 25.1 |
source: Australian Government Bureau of Meteorology
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