42 Mills StreetAlbert Park VIC 3206
Property Details for 42 Mills St, Albert Park
Last Listing description (November 2023)
Gorman Allard Shelton is pleased to present for lease the ground floor at 42 Mills Street, Albert Park.
The space is modern, open plan and ready to occupy.
Key features of this opportunity include:
* NLA: 82sqm (approx.)
* Kitchenette
* Car space and storage cage included
* Heating and cooling
* Courtyard at rear
* Located in a delightful small retail strip
* Abundant public parking all around
* Tram to the city at the door
Situated in a small retail strip which includes several health practitioners, the local Vet and a bustling cafe. Excellent street parking and the tram to the city at the door.
Property History for 42 Mills St, Albert Park, VIC 3206
- 03 Apr 2025Sold for $200,000
- 26 Jan 2024Transferred
- 02 Nov 2023Transferred
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 3,645 properties. Over the last 5 years, Houses in Albert Park have seen a 21.99% increase in median value, while Units have seen a 6.08% increase. As at 30 November 2025:
- The median value for Houses in Albert Park is $2,474,592 while the median value for Units is $903,200.
- Houses have a median rent of $920 while Units have a median rent of $625.
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