Side by sideSuburb comparison

Woodville South vs Albert Park.

Comparing two suburbs with median house prices of $1,200,000 and $1,060,000. Albert Park edges out on more headline metrics in this comparison.

Albert Park (median $1,060,000) is roughly 13% cheaper to buy into than Woodville South ($1,200,000). Over the past year, Albert Park (+20.3%) ran 20.3 percentage points ahead of Woodville South (0%) on house-price growth.

Woodville South scores higher on walkability (58/100 vs 36/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Albert Park (1008) sits above Woodville South (1003).

The takeWhich suburb suits which buyer

For buyers

Albert Park is the lower entry point at $1,060,000 median, 13% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Albert Park carries both higher gross yield (2.94% vs 2.73%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Albert Park edges out on average school ICSEA (1008 vs 1003).

Common questionsWoodville South vs Albert Park

Common questions

Is Woodville South or Albert Park cheaper to buy in?

Albert Park has the lower median house price at $1,060,000, roughly 13% below Woodville South ($1,200,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Woodville South or Albert Park?

Over the past 12 months, Albert Park grew +20.3% vs 0% in Woodville South, a gap of 20.3 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 Woodville South or Albert Park have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Albert Park scores 1008 vs 1003 in Woodville South. 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, Woodville South or Albert Park?

Woodville South scores 58/100 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, Woodville South or Albert Park?

Gross rental yield on houses is 2.94% in Albert Park vs 2.73% in Woodville South. 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

Woodville South
Metric
Albert Park

Price & Market

$1,200,000
Median house
$1,060,000
$274,320
Median unit
$250,560
+0.0%
Annual growth (house)
+20.3%
Days on market

Rental

$630/wk
Rent (house / wk)
$600/wk
$495/wk
Rent (unit / wk)
$398/wk
71.0%
Owner occupied
69.0%
26.0%
Renter occupied
29.0%

Lifestyle & Demographics

58
Walk score
36
0
Transit score
0
100
Bike score
100
3,464
Population
1,780
37
Median age
39

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1003
Avg ICSEA
1008

Climate

448 mm
Annual rainfall
448 mm
27.9°C
Mean max (Jan)
27.9°C

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