51 Dundas Place, Albert Park, VIC 3206 | Property Value & History | OnTheHouse
 
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51 Dundas Place
Albert Park VIC 3206

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 280m2
Land area: 581m2
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Property Details for 51 Dundas Pl, Albert Park

Building Type
Commercial
Floor Size
280m2
Land Size
581m2
Local Government
Port Phillip
Lot/Plan
PC350832

Last Listing description (March 2022)

Set on a 579 sqm prime Albert Park corner block with 2 long street frontages in a quiet location, yet only metres from the vibrant Albert Park village.

- 5 year lease to a division of Qualitas Health as a medical centre, provides strong returns and enormous future potential.

- Subdivide back to the original terraces; develop further in the future either commercially or residentially (sta) or simply hold as a great cash generator.

- Current rent $126,189 pa plus usual outgoings.
- Over 38 metres frontage to Dundas Place.
- Flexible Commercial 1 zone adjacent to quality period homes.

An irreplaceable opportunity.

INSPECTIONS STRICTLY IN ACCORDANCE WITH COVID RULES AND ONLY AT PERMITTED TIMES. NO INSPECTIONS AUCTION DAY.

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Property History for 51 Dundas Pl, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$5,330,000
02 Mar 2022
Listed for Rent
$1.73k/w
27 Dec 2006
  • 02 Mar 2022
    Sold for $5,330,000
  • 02 Feb 2022
    Listed for Sale Contact Agent
  • 26 Aug 2006
    Listed for Rent - Price not available
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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 3,646 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:

  • The median value for Houses in Albert Park is $2,454,155 while the median value for Units is $885,928.
  • Houses have a median rent of $983 while Units have a median rent of $628.
There are currently no properties listed for sale, and 3 properties listed for rent in Albert park on OnTheHouse. According to Cotality's data, 167 properties were sold in the past 12 months in Albert park.

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© 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.

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