St Albans is a large suburb in Victoria within the Brimbank local government area (postcode 3021). With a population of 38,042, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $63K per year, with an average household size of 2.8 people. The most common occupations are labourers, technicians & trades, machinery operators & drivers. The top ancestries reported are Vietnamese, Australian, English.
The median house price in St Albans is $652,000, having risen modestly 1.1% over the past year. Units have a median price of $500,000 (+3.3% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,500.
St Albans is served by 14 schools, including 10 primary, 3 secondary, 1 special. The average ICSEA score is 960, which is around the national average of 1,000. Public transport access includes 16 rail stations, 113 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Brimbank LGA is higher than average at 9,438 incidents per 100,000 population.
From an investment perspective, St Albans offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($652K/$875K). The price-to-income ratio of 10.4x is considered stretched. House prices have moved +1.1% year-on-year.
St Albans is a large suburb in Victoria within the Brimbank local government area (postcode 3021). With a population of 38,042, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $63K per year, with an average household size of 2.8 people. The most common occupations are labourers, technicians & trades, machinery operators & drivers. The top ancestries reported are Vietnamese, Australian, English.
The median house price in St Albans is $652,000, having risen modestly 1.1% over the past year. Units have a median price of $500,000 (+3.3% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,500.
St Albans is served by 14 schools, including 10 primary, 3 secondary, 1 special. The average ICSEA score is 960, which is around the national average of 1,000. Public transport access includes 16 rail stations, 113 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Brimbank LGA is higher than average at 9,438 incidents per 100,000 population.
From an investment perspective, St Albans offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($652K/$875K). The price-to-income ratio of 10.4x is considered stretched. House prices have moved +1.1% year-on-year.