Albert Park
A $1,240,000 median house price and a SEIFA IEO decile 10 score place Albert Park, SA among Adelaide's more advantaged pockets, despite household income sitting at only the 47th percentile nationally. The contrast is explained by the stock: 81.3% separate houses on a 0.91 km2 footprint, with 70.6% of dwellings owner-occupied, creating scarcity that sustains values. The suburb carries early gentrification signals, with population up 15% since 2011 driven by overseas migration of 459 residents a year that more than offsets a net internal outflow of 207. Median age is 39, one year below the national figure.
Population
1,780
Median Age
39.0
Household IncomeiMedian weekly household income (ABS Census)
$1,503/wk
DAs (12 months)iDevelopment Applications lodged in the past year
37
Median House
$1.2M
Median 1Q 2026
The median house price reached $1,240,000 in 1Q 2026, up 41.7% from $875,000 in 1Q 2025, a sharper one-year rise than most Adelaide suburbs. Separate houses dominate at 81.3% of dwellings, with semi-detached at 13.7% and apartments at only 4.9%, so buyers face limited choice outside the detached segment. Three-bedroom homes are the modal type at 55.2%, followed by two-bedroom at 25.2%. Monthly mortgage repayments average $1,659, producing a mortgage-to-income ratio of 25.5%, below the 30% stress threshold, which is more manageable than the price headline suggests. Outright owners make up 27.9% of households, with another 42.7% carrying a mortgage, leaving renters at 29.3%.
For Buyers
The median house price reached $1,240,000 in 1Q 2026, up 41.7% from $875,000 in 1Q 2025, a sharper one-year rise than most Adelaide suburbs. Separate houses dominate at 81.3% of dwellings, with semi-detached at 13.7% and apartments at only 4.9%, so buyers face limited choice outside the detached segment. Three-bedroom homes are the modal type at 55.2%, followed by two-bedroom at 25.2%. Monthly mortgage repayments average $1,659, producing a mortgage-to-income ratio of 25.5%, below the 30% stress threshold, which is more manageable than the price headline suggests. Outright owners make up 27.9% of households, with another 42.7% carrying a mortgage, leaving renters at 29.3%.
For Investors
With 29.3% of households renting and weekly rent at $300, the tenant pool is real but the yield arithmetic is thin against a $1,240,000 median, pointing to a gross yield under 1.5%. The vacancy rate is elevated at 8.9%, higher than the Adelaide metro average, which signals some oversupply risk in the rental segment. On the demand side, overseas migration adds a net 459 residents a year compared to a net internal outflow of 207, and population is forecast to grow 0.94% annually, reaching 18,265 by 2031 from the current 17,253. Development activity recorded 35 applications in the past 12 months, suggesting an active improvement cycle rather than new supply pressure. The strong 41.7% price move in one year warrants monitoring for sustainability.
Development Activity
Total DAs
184
Last 12 Months
37
YoY ChangeiYear-over-year change in DA lodgements
+32.1%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Albert Park iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Our Lady Queen of Peace School
R-6 · 278 students
Demographics
Albert Park's median age of 39 sits one year below the national figure, and the overseas-born share of 21.8% is roughly in line with national, at 0.2 points above. University qualifications stand at 27.2%, which is 2.9 points below the national figure, positioning the suburb as working-to-middle professional rather than knowledge-sector heavy. Ancestry leans strongly Anglo-Celtic: English (533 residents) leads, followed by Italian (237), Irish (139) and Scottish (123). Non-English languages include Italian (29 speakers), Punjabi (25), Greek (22) and Serbian (22), reflecting a modest but steady southern-European and South-Asian presence. Average household size is 2.4, marginally below the national figure, consistent with the 22.4% couples-without-children share.
Age Distribution
Bedrooms
Dwelling Structure
81.3%
Houses
13.7%
Townhouse
4.9%
Apartment
Tenure
Owner-occupation at 70.6% (outright 27.9% plus mortgage 42.7%) sits well above the national average, consistent with the suburb's stable, established character. The 81.3% separate house share leaves little for apartment buyers, with semi-detached at 13.7% and apartments at 4.9%. Three-bedroom homes account for 55.2% of stock and four-plus bedrooms 15.3%, suiting family buyers rather than investors chasing small-format rentals. The price jumped from $875,000 in 1Q 2025 to $1,240,000 in 1Q 2026, a 41.7% rise in a single year. Rent-to-income at 20.0% keeps renters below the 30% stress threshold, and at $300 a week, rents are low relative to the purchase price, which explains the thin yields.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,659
Rent / wk
$300
HH Size
2.4
Personal Income / wk
$752
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
8.9%
Unoccupied
71
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
20.0%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
25.5%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
22.4%
Couples, no children
1,390
Total families
Economy & Employment
Healthcare leads employment at 19.3% of workers (113 residents), followed by Construction at 11.5% (67), Education at 9.2% (54), Manufacturing at 8.9% (52) and Public Admin at 8.4% (49). By occupation, Professionals (168) and Clerical/Admin workers (140) top the list, with Community/Personal (120) and Sales (103) also significant. Unemployment is low at 3.6%, below the national norm, and the full-time employment rate of 63.2% signals a workforce weighted toward stable, full-time roles. The SEIFA IEO score of 1160 places education and occupational advantage in decile 10 nationally, yet the IRSD decile 9 and IRSAD decile 10 confirm very low disadvantage. Household income at the 47th percentile nationally is the one divergence, partly because 476 residents are not in the labour force.
Unemployment
2.9%
Labour Force
11,040
Unemployed
317
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
63.2%
Part-time
33.2%
Participation
62.7%
Employed
915
Occupations
Top Industries
University
27.2%
Postgraduate
5.9%
Born Overseas
21.8%
Dwellings
728
Transport to Work
Car dependency is high at 84.6% of commuters driving, compared to just 5.4% using public transport and 3.4% walking or cycling, which is typical for an inner-western Adelaide suburb without a rail line. No schools are recorded within the 0.91 km2 boundary, so families access schools in adjacent suburbs. Crime recorded 106 incidents, a rate of 59.6 per 1,000 residents, which warrants comparison against wider SA figures when choosing. SEIFA IRSAD sits at decile 10 nationally, placing the suburb in the lowest disadvantage tier, and only 7.6% of residents need daily assistance. Volunteering at 12.3% is moderate. Mortgage stress is absent at 25.5% mortgage-to-income, and rent stress is similarly low at 20.0% rent-to-income.
Drive
84.6%
Public Transport
5.4%
Walk / Cycle
3.4%
Work from Home
N/A
Population Forecast
+0.94%/yr
(+163 people/yr)
EstablishedAlbert Park is growing at 0.94% a year with 163 additional residents annually, on track to reach 18,265 by 2031 from 17,253 today. Population rose 12% over the past decade and recovered fully from a 6.3% COVID dip, now sitting 6.8% above the pandemic low. The growth engine is overseas migration at 459 net arrivals a year, which more than compensates for a net internal outflow of 207 residents. Gentrification signals are present: the score of 25 puts the suburb in the early signs stage, flagged by the 15% population gain since 2011 and the sustained overseas inflow. Affordability improved from 43.3% in 2011 to 36.5% in 2021, a 6.8 point improvement that is faster than the SA average.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+459
Net Internal / yr
-207
Gentrification Signal
Early signs
Population +15% since 2011, Net internal outflow -207/yr, Strong overseas inflow +459/yr, COVID recovered (-6% dip → full recovery)
Safety & Crime
Total Offences
106
Year ending June 2024
Rate per 1,000 People
59.6
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Albert Park compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Albert Park a good suburb to live in?
Albert Park ranks at SEIFA IEO decile 10 and IRSAD decile 10 nationally, placing it in the top tier for education, occupational advantage and low disadvantage. Household income sits at the 47th percentile nationally, though mortgage stress is below the 30% threshold at 25.5% mortgage-to-income. The suburb offers predominantly detached housing at 81.3% separate houses, with low unemployment at 3.6%.
What is the median house price in Albert Park?
The median house price in Albert Park, SA reached $1,240,000 in 1Q 2026, up 41.7% from $875,000 in 1Q 2025. Weekly rent averages $300 and monthly mortgage repayments average $1,659, producing a mortgage-to-income ratio of 25.5% based on the local household income.
What schools are in Albert Park?
No schools are recorded within the Albert Park, SA boundary in this dataset. The suburb covers 0.91 km2 and families typically rely on schools in neighbouring western suburbs. The local population has a university qualification rate of 27.2%, which is 2.9 points below the national figure.
Is Albert Park safe?
Albert Park recorded 106 crimes in the measured period, a rate of 59.6 incidents per 1,000 residents. As a broader indicator, the suburb scores SEIFA IRSD decile 9 and IRSAD decile 10, placing it in the lowest disadvantage tier nationally. Only 7.6% of residents require daily assistance, consistent with a relatively advantaged area.
Is Albert Park good for property investment?
The 41.7% price rise from $875,000 to $1,240,000 in one year signals strong capital growth momentum, though this pace may not be sustained. Gross rental yield is thin at under 1.5% based on $300 weekly rent against the $1,240,000 median. The vacancy rate of 8.9% is elevated, but population growth of 0.94% a year, driven by 459 net overseas arrivals annually, supports medium-term demand.
How is Albert Park's population changing?
Albert Park's broader area has 17,253 residents and is growing at 0.94% a year, adding about 163 people annually. Population rose 12% over the past decade, recovered fully from a 6.3% COVID-era dip, and is forecast to reach 18,265 by 2031. Overseas migration adds a net 459 residents a year, offset by a net internal outflow of 207, making immigration the primary growth driver.
How much development is happening in Albert Park?
Albert Park recorded 35 development applications in the past 12 months, including pool installations, shed approvals and alterations to existing dwellings. This level of activity reflects an established suburb investing in upgrade works rather than large-scale new supply. With 81.3% of dwellings already separate houses, infill development on the 0.91 km2 site is constrained.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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