103 Victoria AvenueAlbert Park VIC 3206
Property Details for 103 Victoria Ave, Albert Park
Last Listing description (March 2026)
Positioned in the heart of Albert Park's tightly held retail strip, this versatile shop and dwelling presents an outstanding opportunity to secure a presence in one of Melbourne's most desirable bayside precincts. Spacious shopfront with excellent street exposure Total area: approx. 120 sqm Flexible layout with three-bedroom dwelling or offices Open plan kitchen, living, and dining area Light-filled interiors throughout Reverse cycle air-conditioning Central bathroom amenities Suitable for a variety of uses (STCA)Located along bustling Victoria Avenue, the property is surrounded by a vibrant mix of well-established cafs, restaurants, and boutique retailers, driving consistent foot traffic throughout the week.Nearby hospitality and retail operators include: The Guilty Moose Lenny 3206 Mera Albert Park iTALiAN ARTiSANS Espresso Albert Park Dami DamiAlbert Park itself is one of Melbourne's premier lifestyle suburbs, renowned for its village feel, proximity to the CBD, and access to the beach and Albert Park Lake. The area attracts a mix of affluent residents, professionals, and visitors, supporting a strong retail and hospitality environment year-round.Outgoings estimated at:Council Rates: $6,000.00 per annum plus GSTWater Rates: $1,000.00 per annum plus GSTInsurance: $4,5000.00 per annum plus GSTAESMR & Fire Equipment Services: $400.00 per annum plus GST
Property History for 103 Victoria Ave, Albert Park, VIC 3206
- 25 Mar 2026Listed for Rent - Price not available
- 23 Dec 2020Listed for Rent - Price not available
- 21 Sep 2010Transferred
Recent sales nearby
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About Albert Park 3206
The size of Albert Park is approximately 2.8 square kilometres. It has 10 parks covering nearly 55.1% of total area. The population of Albert Park in 2016 was 6215 people. By 2021 the population was 6044 showing a population decline of 2.8% in the area during that time. The predominant age group in Albert Park is 50-59 years. Households in Albert Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Albert Park work in a professional occupation.In 2021, 60.80% of the homes in Albert Park were owner-occupied compared with 58.90% in 2016.
Albert Park has 3,646 properties. Over the last 5 years, Houses in Albert Park have seen a 10.25% increase in median value, while Units have seen a -7.58% decrease. As at 31 March 2026:
- The median value for Houses in Albert Park is $2,390,574 while the median value for Units is $829,844.
- Houses have a median rent of $990 while Units have a median rent of $635.
Suburb Insights for Albert Park 3206
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