Albert Park

VIC 3206 • Greater Melbourne

6,044
Population (2021)
$131,716
Median Household Income
2.84 km²
Area
$590/wk
Median Rent
BaysideHeritageGrand Prix CircuitCafé CulturePrestige

About Albert Park

Albert Park is a prestigious inner suburb of Melbourne, located just 4 kilometres south of the CBD within the City of Port Phillip. Home to around 6,000 residents, this historic area features elegant Victorian terraces, tree-lined streets, and the famous Albert Park Lake—host to the Australian Formula 1 Grand Prix since 1996. The suburb's heritage St Vincent Gardens exemplifies London-inspired urban planning from the 1850s.

The suburb offers a cosmopolitan lifestyle with Bridport Street and Victoria Avenue providing boutique shopping, acclaimed cafés, and dining. The lakeside location attracts joggers, cyclists, and sailors year-round, while Kerferd Road Pier offers a charming seaside experience on Port Phillip. Predominantly Australian-born with a significant Greek community, Albert Park attracts professionals who value heritage character, bayside proximity, and village amenities.

Albert Park falls under postcode 3206 and is governed by Port Phillip Council (LGA). For state elections, residents vote in the Albert Park (Southern Metropolitan) electorate.

📰 Featured In

💰 Top 50 Suburbs in Victoria by Median Household Income🏷️ Top 25 Most Expensive Suburbs in VIC by Median House Price

📍 Location

State
Postcode
3206
Urban Area
Port Phillip
LGA / Council
Federal Electorate
Type
Major Urban
Timezone
Melbourne (UTC+10)
Coordinates
-37.85°, 144.96°
Statistical Area
Greater Melbourne
Area
2.84 km²
Elevation
8m

🏷️ Property Prices June quarter 2025

Median sale prices in Albert Park for the June quarter 2025. Median sale prices published by the Valuer-General Victoria.

🏡House
$2.08M
27 sales · ▲ 9.7% YoY
🏢Unit / Apartment
$810K
5 sales · ▼ 58.9% YoY

Source: Valuer-General Victoria — Victorian Property Sales Report. Medians are for the latest quarter; the change shown is the official 12-month movement. Suburbs with very few sales in a quarter can be volatile.

🏠 Housing 2021 Census

Median Rent (weekly)
$590
Median Mortgage (monthly)
$3,500
Avg Household Size
2.2 people
Median Age
46 years

🚌 Transport & Commute

Nearest Train Stations

Albert Park (Light Rail)
0.2 km
3 min
Middle Park (Light Rail)
0.5 km
6 min

Bus Services

  • 606 — Fishermans Bend & Elsternwick 20-30 min
  • 236 — Queen Victoria Market via South Melbourne 25-35 min

Commute to Melbourne CBD

Distance
4 km
By Train
12-15 min (Route 96 Light Rail)
By Bus
20-25 min via Route 606
By Car (Peak)
15-25 min
By Car (Off-Peak)
8-12 min

🛣️ Route 96 tram along St Kilda Rd provides frequent CBD access

Walkability Very Walkable

Daily errands do not require a car; excellent pedestrian infrastructure

🛒 Supermarkets Nearby

  • Woolworths
    95-97 Dundas Pl, Albert Park, VIC Albert Park 3206 VIC

🎓 Schools

🚔 Crime Statistics LGA-wide

These are the latest rates for the Port Phillip Local Government Area, which contains Albert Park. Rates are per 100,000 residents for the year ending September 2025; trends compare 2 and 10 year periods.

Break & enter (dwelling)
726.1 / 100k
Motor vehicle theft
729.6 / 100k
Non-FV assault
565.7 / 100k
Robbery (unarmed)
6.1 / 100k
Steal from vehicle
2,554 / 100k

Source: Crime Statistics Agency Victoria

🎓 Educational Institution Attending 2021 Census

School Sector Breakdown

👥 Demographics

Census 2016
6,215
Census 2021
6,044
2.8% decline

Population Growth

Gender Distribution (Census 2021)

Personal Income 2016
$60,008
Personal Income 2021
$69,316
15.5% increase

2021 Census income breakdown

Personal = median for one earner. Household = all members of a dwelling pooled. Family = related members only. Annual = weekly × 52.

Personal
$69,316 / yr
$1333/wk
Household
$131,716 / yr
$2533/wk
Family
$199,160 / yr
$3830/wk

Personal Income Comparison (2016 vs 2021)

📊 Population: ABS Census 2021
💰 Income: ABS Census 2021

⚖️ Compare Albert Park With

🏘️Port Melbourne
View comparison →
🏘️Brighton
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🏘️Elwood
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🌍 Country of Birth 2021 Census

Born in Australia 4,221
Born Overseas 1,585

Top Countries of Birth (excl. Australia)

  • 1. England 319
  • 2. Greece 206
  • 3. New Zealand 127
  • 4. India 106
  • 5. United States 69
  • 6. Ireland 55
  • 7. Italy 52
  • 8. France 39
  • 9. Scotland 38
  • 10. Germany 32

🧬 Ancestry 2021 Census

Top ancestries reported (people may report up to two)

English 2,213
Australian 1,592
Irish 984
Scottish 722
Greek 589
Italian 395
German 242
Indian 136
Dutch 123
Chinese 109

👨‍👩‍👧 Parents' Birthplace 2021 Census

2,751
Both parents born in Australia
2,160
Both parents born overseas
914
One parent AU, one overseas

🛐 Religion 2021 Census

No Religion
46.9%
Christianity
43.1%
Hinduism
2.4%
Buddhism
1.3%
Judaism
0.6%
Islam
0.4%
Sikhism
0.1%

📊 Age Distribution 2021 Census

0-4 years
320 (5.3%)
5-14 years
669 (11.1%)
15-19 years
292 (4.8%)
20-24 years
242 (4.0%)
25-34 years
560 (9.3%)
35-44 years
815 (13.5%)
45-54 years
984 (16.3%)
55-64 years
854 (14.1%)
65-74 years
700 (11.6%)
75-84 years
476 (7.9%)
85+ years
123 (2.0%)

Nearby Suburbs

Frequently Asked Questions

What is Albert Park known for? +

Albert Park is a prestigious inner suburb of Melbourne, located just 4 kilometres south of the CBD within the City of Port Phillip. The suburb offers a cosmopolitan lifestyle with Bridport Street and Victoria Avenue providing boutique shopping, acclaimed cafés, and dining.

How far is Albert Park from Melbourne CBD? +

Albert Park is approximately 4 kilometres from Melbourne CBD, with a typical drive taking around 5-7 minutes depending on traffic and route taken.

Does Albert Park have public transport? +

Albert Park is served by PTV (Public Transport Victoria) bus services and is within reach of the Melbourne Metro rail network. Check ptv.vic.gov.au for current route and timetable information.

What is the population of Albert Park? +

According to the 2021 Census, Albert Park has a population of approximately 6,044 residents, reflecting a well-established community. The suburb falls within the Port Phillip (City) local government area.

Is Albert Park a good place to live? +

Albert Park is one of the more prestigious suburbs in the area, with quality housing stock and well-maintained streetscapes. It appeals to professionals and families seeking an upmarket suburban lifestyle with good amenities.

What is the postcode for Albert Park? +

The postcode for Albert Park, VIC is 3206. This postcode covers Albert Park and may also serve nearby localities within the same postcode zone.

What is the average income in Albert Park? +

Based on the 2021 Census, the median personal income in Albert Park is about $1,333 per week (around $69,300 per year). The median household income is $2,533 per week and the median family income is $3,830 per week.

What is the median house price in Albert Park? +

As of June quarter 2025, the median house price is $2,085,000, up 9.7% year-on-year, and the median unit/apartment price is $810,000, down 58.9% year-on-year. Figures are based on Valuer-General Victoria — Victorian Property Sales Report.

What is the age profile of Albert Park? +

The median age in Albert Park is 46. The largest age group is 45–54 (984 residents, around 16%). Around 21% of residents are under 20 and about 21% are aged 65 or older. (2021 Census)

Is Albert Park a safe area? +

Crime statistics are recorded at the Local Government Area level. Albert Park is part of the Port Phillip LGA — see the Crime Statistics section on this page for the latest recorded offence rates per 100,000 residents, along with 2-year and 10-year trends.

How much is rent in Albert Park? +

In Albert Park, the median weekly rent is $590, and the median monthly mortgage repayment is $3,500 (2021 Census).