118 Victoria Ave, Albert Park is a 3 bedroom, 2 bathroom House and was built in 1910. While the property is not currently for sale or for rent, it was last sold in August 2024.
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A bold expression of architectural design, this entirely transformed three-bedroom Victorian residence's generous indoor-outdoor proportions expertly merge period class with flawless functionality in the heart of Albert Park Village. Utterly serene, yet metres from city-bound trams, the bay, popular cafes, and celebrated restaurants, it blends understated elegance with exceptional privacy, juxtaposing tranquillity with a lively lifestyle.
Across two meticulously crafted levels, the interiors radiate an air of refined sophistication, introduced by a traditionally styled sky-lit arched hallway that elegantly bridges the gap between classic and contemporary, leading to expansive open-plan living and dining spaces at the rear. The marble kitchen, outfitted with premium Gaggenau appliances and a butler's pantry, is a striking centrepiece for entertaining, seamlessly connecting through steel-framed French doors to a tranquil garden terrace, a secluded and private retreat that is also accessible via the rear laneway.
An exquisite main bedroom suite spans the entire upper floor, featuring a light-filled living area with a built-in office nook and a private balcony terrace. This sanctuary includes a dressing room and a luxurious ensuite with a freestanding bath and dual vanity, while the two additional ground-floor bedrooms are accompanied with robes in and a stylish bathroom. Metres from Albert Park College and Primary School, this impressive home also boasts hydronic heating, engineered oak floors and 100% wool carpets, European-style laundry, double glazing, reverse-cycle ducted heating/cooling systems, a spectacular Gio Ponti 1950s light fitting in the hallway and underfloor bathroom heating.
Land size: 183sqm approx.
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 16.33% increase in median value, while Units have seen a 3.64% increase. As at 31 December 2025:
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