VIC, 3021 - Brimbank

Thinking about buying in Albanvale? Now could not be a better time, with 2117 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $803,000 with prices in this suburb ranging from $238,000 to $1,669,000. The aproximate distance to the coast is 13 Km.

Household Makeup

Median Weekly Rent $339.30
Median Monthly Mortgage $1519.17
Median Persons Per Bedroom 0.89
Average Household Size 3.13
Average Age 38.61
Average Income $519.43
Average Cars Per Dwelling 1.82
Average Properties Within 50M 11

Housing Stock

Average Property Prices

1 Bed  $592,000
2 Bed  $674,000
3 Bed  $810,000
4 Bed  $883,000
5 Bed  $921,000
6 Bed+$1,183,000

Albanvale Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Albanvale 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 Albanvale 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. Lower than average population density constrains growth in Albanvale to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Albanvale 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.

Houses for sale Albanvale

Professionals 37 ENTALLY DR, ALBANVALE, VIC, 3021 Beds3 Bathrooms2 Parking 2 Price: CONTACT AGENT
Ray White 15A GUEST AV, ALBANVALE, VIC, 3021 Beds3 Bathrooms2 Parking 1 500000
Sweeney 17 OAKWOOD RD, ALBANVALE, VIC, 3021 Beds3 Bathrooms1 $ 590,000

Local Schools

Albanvale Primary School

Movelle Primary School

Resurrection School

Deer Park North Primary School

Victoria University Secondary College

Stevensville Primary School

Kings Park Primary School

Kororoit Creek Primary School

Cairnlea Park Primary School

St Albans Primary School

(While the above schools are located with the suburb of Albanvale there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Albanvale weather - Average Local Climate by month

Min (°C)
Max (°C)
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(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Kings ParkBurnsideBurnside HeightsCairnleaDeer ParkDelaheyCaroline SpringsSt AlbansTaylors HillKeilor Downs

Public Transport

General Points of Interest

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