5/87 Merton St, Albert Park is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 481m2.
This one bedroom with built in robes, situated on the first floor, open plan living area, kitchen with electric cooking, ensuite bathroom with shower above bath, communial laundry, short walk to beach, shops & transport.
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:
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