Side by sideSuburb comparison

Garden City vs Albert Park.

Comparing two suburbs with median house prices of $1,875,000 and $2,085,000. Albert Park edges out on more headline metrics in this comparison.

Garden City (median $1,875,000) is roughly 10% cheaper to buy into than Albert Park ($2,085,000).

Albert Park scores higher on walkability (18/100 vs 48/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Albert Park (1126) sits above Garden City (1119).

The takeWhich suburb suits which buyer

For buyers

Garden City is the lower entry point at $1,875,000 median, 10% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Albert Park offers the higher gross rental yield (2.87% vs 1.50%), favouring cash-flow investors.

For families

Albert Park edges out on average school ICSEA (1126 vs 1119).

Common questionsGarden City vs Albert Park

Common questions

Is Garden City or Albert Park cheaper to buy in?

Garden City has the lower median house price at $1,875,000, roughly 10% below Albert Park ($2,085,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Garden City or Albert Park have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Albert Park scores 1126 vs 1119 in Garden City. 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, Garden City or Albert Park?

Albert Park scores 48/100 on walkability vs 18/100. 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, Garden City or Albert Park?

Gross rental yield on houses is 2.87% in Albert Park vs 1.50% in Garden City. 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.

The numbers behind the take

Garden City
Metric
Albert Park

Price & Market

$1,875,000
Median house
$2,085,000
$396,000
Median unit
$810,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$540/wk
Rent (house / wk)
$1150/wk
$459/wk
Rent (unit / wk)
$643/wk
Owner occupied
Renter occupied

Lifestyle & Demographics

18
Walk score
48
10
Transit score
80
100
Bike score
100
17,633
Population
10,043
42
Median age
46

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1119
Avg ICSEA
1126

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).