Home loans in Albert Park, VIC: repayments, costs & broker help

Albert Park is Melbourne's most exclusive inner-south suburb — a suburb of gracious double-fronted Victorian villas and Edwardian townhouses where Albert Park Lake's 255-hectare international Grand Prix circuit and leisure park, Victoria Avenue's supremely upmarket shopping strip, and proximity to the beach, CBD, and Melbourne's finest private schools create an address of extraordinary privilege. Albert Park consistently ranks among Melbourne's top-five most tightly held suburbs, with ultra-low turnover underpinning its persistent capital growth. At the current $2.2m median house price, an 80% loan at 6.25% over 30 years is about $10,837 per month.

Albert Park home-loan snapshot

Median house price$2,200,000
Median unit price$900,000
Estimated monthly repayment$10,837 at 80% LVR, 6.25%, 30 years
Annual price growth5%
Gross rental yield3%
Typical days on market22

Calculate repayments, stamp duty, LMI and upfront costs for Albert Park, VIC. Request mortgage broker help if you want suitable lender policy, rates and fees compared for your situation.

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