173 Victoria Avenue, Albert Park, VIC 3206 | Property Value & History | OnTheHouse
 
OFF MARKET

173 Victoria Avenue
Albert Park VIC 3206

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 184m2
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Property Details for 173 Victoria Ave, Albert Park

Building Type
Unknown
Land Size
184m2
Local Government
Port Phillip
Lot/Plan
1A/PS625883

Last Listing description (May 2026)

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.

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Property History for 173 Victoria Ave, Albert Park, VIC 3206

A timeline of how this property has performed in the market
  • 13 May 2026
    Listed for Sale THE DEAL: Expressions of Interest
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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 3,641 properties. Over the last 5 years, Houses in Albert Park have seen a 11.08% increase in median value, while Units have seen a -5.75% decrease. As at 30 April 2026:

  • The median value for Houses in Albert Park is $2,383,848 while the median value for Units is $819,276.
  • Houses have a median rent of $1,000 while Units have a median rent of $628.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Albert park on OnTheHouse. According to Cotality's data, 182 properties were sold in the past 12 months in Albert park.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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