173 Victoria Ave, Albert Park is a 2 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 184m2.
THE DEAL
A home or shopfront by the beach would be remarkable in their own right. Combine them under the same roof sheer rarity meets stirring opportunity, just a few doors from the water.
Accessed via Ashworth Street, Bleakhouse Lane and a three-car garage exceedingly rare for its prestige position, the two-storey residence is equal parts quiet and secluded. Step through the southern terrace interiors make an impression to remember.
The hallway curves. Sun streams in from the north. A stunning void adds to the ambiance. With seamless flow between the kitchen, living/dining, and front balcony, entertaining is always a breeze.
With a bedroom/bathroom pairing downstairs and gabled-ceiling retreat, bathroom, and master with a mezzanine lounge above flexibility doesnt get much more pronounced. Reverse-cycle heating/cooling. Timber floors. European laundry. Video intercom. Add in the option to live and work at the same address, let a thriving business run below your beach retreat or receive two dependable incomes theres nothing else like it.
Village bars, brunch spots and boutiques. Golden sands at the local beach. Bay Trail, Albert Park Lake, the buzz of Port Melbourne and zoned Albert Park College all within steps. South Melbourne Market nearby. The 1 Tram reaching the city in no time. Unmistakably one of Melbournes best positions.
SEALS THE DEAL
Full panorama from Port Phillip Bay to the entire city skyline, making evening drinks unforgettable on a top-floor balcony.
The size of Albert Park is approximately 2.8 square kilometres. There are 10 parks, covering nearly 55.1% of the 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 3,642 properties. Over the last 5 years, Houses in Albert Park have seen a 2.74% increase in median value, while Units have seen a -4.63% decrease. As at 31 May 2026:
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