138 Victoria Ave, Albert Park is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 166m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Cherished by the same family for over four decades, this endearing three-bedroom Victorian residence delivers lifestyle enthusiasts a rare opportunity to step into the very best of Albert Park living, with the beach and Victoria Avenue's retail and dining metres from the front door.
The property stars high ornate ceilings, a corbelled arch hallway and an open-plan living/dining/kitchen to the rear. Immaculate in all its 1970s glory, the kitchen is entirely practical for now with a brand new freestanding stove and excellent storage, whilst there is also a rear bathroom and laundry opening to the rear courtyard.
Additional inclusions comprise gas heating, air-conditioning, rear pedestrian ROW access and an enclosed side courtyard. Surrounded by the area's best cafes, restaurants, trams and schools - including Albert Park Primary School and Albert Park College, and only minutes from the CBD, this exceptional home delivers instant satisfaction and the potential for future rewards, with scope to enhance, revive and extend (STCA).
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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