Albert Park vs Royal Park
Royal Park (median $937,500) is roughly 12% cheaper to buy into than Albert Park ($1,060,000). Over the past year, Albert Park (+20.3%) ran 14.2 percentage points ahead of Royal Park (+6.1%) on house-price growth.
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Albert Park and Royal Park side by side
| Measure | Albert Park | Royal Park |
|---|---|---|
| Price and market | ||
| Median house | $1,060,000 | $937,500 |
| Median unit | $250,560 | $250,560 |
| House price change, 12 months | +20.3% | +6.1% |
| Renting | ||
| House rent | $600/wk | $600/wk |
| Unit rent | $400/wk | $650/wk |
| Owner occupied | 69.0% | 67.0% |
| Renter occupied | 29.0% | 31.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1008 | 999 |
| Lifestyle and people | ||
| Walk score | 36 | 40 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 1,780 | 3,453 |
| Median age | 39 | 37 |
| Climate | ||
| Annual rainfall | 439 mm | 401 mm |
| Mean max, January | 29.2°C | 29.5°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Royal Park scores higher on walkability (36/100 vs 40/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Albert Park (1008) sits above Royal Park (999).
- For buyers
- Royal Park is the lower entry point at $937,500 median, 12% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Royal Park delivers the better gross yield (3.33% vs 2.94%), but Albert Park has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- Albert Park edges out on average school ICSEA (1008 vs 999).
Albert Park vs Royal Park: common questions
Is Albert Park or Royal Park cheaper to buy in?
Royal Park has the lower median house price at $937,500, roughly 12% below Albert Park ($1,060,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Albert Park or Royal Park?
Over the past 12 months, Albert Park grew +20.3% vs +6.1% in Royal Park, a gap of 14.2 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Albert Park or Royal Park have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Albert Park scores 1008 vs 999 in Royal Park. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Albert Park or Royal Park?
Royal Park scores 40/100 on walkability vs 36/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Albert Park or Royal Park?
Gross rental yield on houses is 3.33% in Royal Park vs 2.94% in Albert Park. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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