Albert Park

VIC 3206

Albert Park is an inner suburb in the City of Port Phillip, about 3 kilometres from the Melbourne CBD. Bridport Street is a neighbourhood trading strip of cafes and shops, while Victoria Avenue is known for cafes, delicatessens and boutiques. The suburb has heritage buildings, wide streets, terraced houses and mature trees, and includes Albert Park and Lake, the Albert Park Circuit and tram routes 1 and 12.

Albert Park is an office and consulting market built around shopfronts, office suites and floors, and medical or consulting suites in small-scale commercial settings. Premises are closely tied to the village streets and established residential fabric. South Melbourne, Southbank and Melbourne provide deeper nearby leasing markets.

6

Active lease listings

commercial properties

$82,500

Median annual rent

asking rent across all listings

145

Median days on market

across all active listings

Listings by sector

4

Offices

active lease listings

1

Medical / Consulting

active lease listing

1

Retail and Shops

active lease listing

Want to know more?

Explore commercial property insights for Albert Park in MarketBuddy.

Browse all suburb profiles

Last updated 15 August 2026