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

89 Victoria Avenue
Albert Park VIC 3206

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 240m2
Land area: 203m2
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Property Details for 89 Victoria Ave, Albert Park

Building Type
Commercial
Floor Size
240m2
Land Size
203m2
Local Government
Port Phillip
Lot/Plan
1/TP586623

Last Listing description (September 2023)

Gorman Allard Shelton is pleased to present this outstanding office/retail opportunity.

This 242sqm (approx.) offering spans ground and first floor with a sleek modern fit-out and high end finishes.

Comprises of an open-plan reception area, partitioned meeting rooms, boardroom and male & female bathrooms on ground floor and flexible open-plan work stations, kitchenette amenities and breakout area on the first floor.

Complete with a secured two (2) car garage with rear access via Gatehouse Lane, and first floor balcony - this stunning offering comes ready to move in.

KEY FEATURES:

* Area: 244sqm (approx.) across two floors
* Two (2) secured car parks
* High level finishes and modern fit-out
* Partitioned offices and flexible open plan work areas
* Private bathrooms & kitchenette amenities

Close to the intersection of Victoria Avenue and Richardson Street, this offering is neighbour to excellent local retail including Cafes and other traders.

Only minutes from the beach, with Route 1 Tram stop and Route 606 Bus stop right at your doorstep. Other nearby public transport includes Route 96 and Route 109 Light Rail trams, and Route 12 Tram.

Property History for 89 Victoria Ave, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$1,752,000
10 Dec 2009
Listed for Rent
$99k/w
17 Aug 2023
  • 07 Aug 2023
    Listed for Rent - Price not available
  • 13 Sep 2017
    Listed for Rent $80,000 / year
  • 16 Jun 2017
    Listed for Rent $93,200 / year
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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.
There are currently no properties listed for sale, and 1 property listed for rent in Albert park on OnTheHouse. According to Cotality's data, 168 properties were sold in the past 12 months in Albert park.

Suburb Insights for Albert Park 3206

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Cotality Copyright and Legal Disclaimers about Property Data
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.