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St Albans

The median rent for a 2-bedroom unit in St Albans is $420 a week for leases that started in the year to September 2025, up 6.3% on a year earlier. That is 24% below the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $743,300 for a house and $537,000 for a unit. A year of rent for that home is about 4.1% of its median sale price (gross rental yield). The rent data covers St Albans-Deer Park as one area, so these rent figures are shared by Deer Park, St Albans.

Median rent in St Albans

Median weekly rent by home size
HomeRent a weekChange over a yearNew leases
1-bedroom unit$330+6.5%46
2-bedroom unit$420+6.3%272
3-bedroom unit$482+7.1%169
2-bedroom house$4200.0%61
3-bedroom house$470+6.8%679
4-bedroom house$550+7.8%221

* Based on fewer than 20 new leases in the year, so it can swing a lot.

Median sale price

Median sale price
TypeMedian pricePeriod
House$743,300Mar 2026 quarter
Unit$537,000Mar 2026 quarter

† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.

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