Albert Park is an inner-city suburb of Melbourne located approximately 3 kilometres south of the CBD. Sitting within the City of Port Phillip, It covers an area of 1.9 square kilometres.
Albert Park exudes a charming and nostalgic atmosphere reminiscent of a cozy village. The suburb boasts captivating architecture that stands out among the rest in Melbourne. Additionally, Albert Park takes its name from the picturesque Albert Park Lake, which was once a collection of swamps and lagoons.
Today, it has transformed into a remarkable recreational haven. The lake is home to various amenities, including the Melbourne Sports & Aquatic Centre, a golf course, soccer stadiums, over 20 sporting ovals, and even a few sailing clubs.
As a matter of fact, the road around Albert Park Lake transforms into the racetrack for the Australian Formula 1 Grand Prix yearly. This sought-after event has been held there since 1996. (Source: Australian Grand Prix)
History of Albert Park
Albert Park derived its name from Albert Park Lake, named after Queen Victoria’s consort, Prince Albert. The area was originally home to the Boonwurrung people before being settled by Europeans in the 1850s. (Source: Australian Dictionary of Biography)
Parks and open spaces in Albert Park
Albert Park is home to the famous Albert Park Lake, which offers a range of recreational activities such as walking, running, cycling, and boating. What’s more, it also has several other parks and reserves, including Gasworks Arts Park and St Vincent Gardens. (Source: City of Port Phillip)
Transportation in Albert Park
With a well-developed public transport network, Albert Park benefits from convenient connectivity. Tram routes along St Kilda Road and Montague Street, along with numerous bus routes, efficiently serve the area. Moreover, the suburb provides convenient access for cyclists, thanks to a network of bike paths and lanes that seamlessly connect Albert Park to the city and neighbouring suburbs. (Source: PTV)
Schools in Albert Park
In Albert Park, you’ll find a selection of high-quality educational institutions. These schools cater to students of various ages, backgrounds, and educational needs, such as;
Albert Park Primary School
Albert Park College
South Melbourne Park Primary School
Restaurants, cafes, & bars in Albert Park
Discover Albert Park’s vibrant dining scene with diverse cafes and bars. Indulge in flavorful cuisine and refreshing beverages in a welcoming atmosphere. Here are some well-liked establishments to name a few;
The best Restaurants, Bars & Cafes in Albert Park.
Brother Shota
Dundas & Faussett
Ned’s Bakehouse
Lenny
The Albert Park Hotel
Basilico
Lord Cardigan Restaurant
Bleakhouse Hotel
Real Estate in Albert Park
According to Domain, the median house price in Albert Park is currently $2.450 million, while the median unit price is $1.5 million. (Source: REA)
Albert Park is well-known for its beautiful Victorian and Edwardian-era homes, many of which had restorations to revive their original splendour. There are also apartments and townhouses available in the suburb.
Here are two homes in Albert Park that we have inspected.
93 Richardson Street, Albert Park, Vic 3206
28 Young Street, Albert Park, Vic 3206
Here is a house we purchased OFF MARKET for one of our clients –
77 St Vincent Street, Albert Park, 3206
Suppose you’re looking for a home like the ones featured above. Please get in touch with our team of experienced buyer agents, as we have access to pre and off-market properties and can add immense value to your home-buying journey.
Ultimately, Albert Park is a coveted suburb with a sturdy property market driven by its location, amenities, and extraordinary appeal.
Explore our latest video to gain insights and valuable tips for buying a property, whether you’re currently searching or planning to buy in the future.
Industry Insider Property is an independent buyer agent committed to helping buyers achieve their desired outcomes. Our team of experienced agents can guide, execute, and deliver the best possible results for your property purchase. To save time, reduce stress, and potentially save or make money in the long run, hiring a buyer’s agent is highly recommended when purchasing a property.
At Industry Insider Property, we have a team of knowledgeable buyer’s agents ready to assist you in finding the perfect property for your budget and needs. Contact us today via phone at +613 8374 7652, email at admin@industryinsider.com.au, or text message at +613 402 346 810 to learn more about our services and how we can help you with your property search.
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