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Apartment

16/150 Victoria Avenue

Albert Park VIC 3206, Australia

- Bedrooms
- Bathrooms
- Parking
- Internal area

About this property

yardizepropertyrecord

Unit 16/150 Victoria Avenue is a residential flat within the multi‑unit building at 150 Victoria Avenue, Albert Park. The building, historically known as Layfield Court, previously provided accommodation for elderly persons and is now undergoing a staged redevelopment that is scheduled for 2026.

The unit is estimated to be worth about $915,000 and there are currently no active sale or rental listings, with no recorded sales in the past twelve months. It lies within the Port Phillip City Council area and is close to tram stops, cafés on Victoria Avenue and the nearby Albert Park beach

Also written as Unit 16, 150 Victoria Avenue.

Key details

Locality
Albert Park
State
VIC
Coordinates
37.84647651 / 144.94894906
GNAF PID
GAVIC410732674
Legal parcel ID
21~43W\PP3084D
Property type
Apartment
Unit internal area
-
Land Use Category
Residential

Market estimates

Based on curated rent estimate, web value evidence.

Expected weekly rent
$830
Expected property value
$915,000
Estimated yield
4.72%
Confidence
Medium

Based on the comparable property evidence currently available.

Property insights

Building profile

150 Victoria Avenue, Albert Park, VIC 3206 is a multi‑unit residential building formerly known as Layfield Court. It falls under the jurisdiction of Port Phillip City Council and was previously used as accommodation for elderly persons Homes.vic.gov.au Vgls.vic.gov.au

Area insights

The surrounding precinct places day-to-day amenities within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic
Read suburb profile

Real Estate Agencies

Ordered by:
Marshall White
6.3 km
Head Office Level 1, 1111 High Street, Armadale, VIC 3143
Gary Peer & Associates (St Kilda) - ST KILDA
3.6 km
33 Inkerman Street, St Kilda, VIC 3182
Buxton - Brighton
8.6 km
Level 1, 28 Carpenter Street, Brighton, VIC 3186
Marshall White - Port Phillip
1.0 km
110 Bridport Street, Albert Park, VIC 3206
Buxton - Port Melbourne
1.2 km
370 Bay St, Port Melbourne, VIC 3207
The Agency - Victoria
7.0 km
Vic Head Office | Level 3/489 Toorak Road, Toorak, VIC 3142
Jellis Craig - Port Phillip
0.9 km
332 Montague Street, Albert Park, VIC 3206
Buxton - Albert Park
0.9 km
330 Montague Street, Albert Park, VIC 3206
BigginScott - Richmond
4.6 km
28 Bridge Road, Richmond, VIC 3121
Kay & Burton - Bayside
5.3 km
7/505 Toorak Road, Toorak, VIC 3142
RT Edgar
5.2 km
10 Wallace Avenue, Toorak, VIC 3142
Nick Johnstone Real Estate - Brighton
7.7 km
248 Esplanade, Brighton, VIC 3186
WHITEFOX Real Estate - Port Phillip
0.9 km
317A Montague Street, Albert Park, VIC 3206
James Nicolaou Real Estate - Port Phillip
1.1 km
Level 1,189 Rouse Street, Port Melbourne, VIC 3207
Belle Property - Albert Park
0.6 km
29 Victoria Avenue, Albert Park, VIC 3206
Wilson Agents - Glen Eira
7.1 km
195 Balaclava Road, Caulfield North, VIC 3161
Evoke Property
1.9 km
Level 5, 111 Cecil Street, South Melbourne, VIC 3205
Melbourne Residential Real Estate - Southbank
4.1 km
Level 14/460 Lonsdale Street, Melbourne, VIC 3000
Hodges - Prahran/South Yarra
3.8 km
2 Chatham Street, Prahran, VIC 3181
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
Albert Park College
0.2 km
Secondary school | Government
Albert Park Primary School
0.6 km
Primary school | Government
Middle Park Primary School
0.8 km
Primary school | Government
Port Phillip Specialist School
1.2 km
Special school | Government
Galilee Regional Catholic Primary School
1.3 km
Primary school | Independent
South Melbourne Park Primary School
1.4 km
Primary school | Government
Montague Continuing Education Centre
1.7 km
Special school | Government
Port Melbourne Primary School
1.9 km
Primary school | Government
South Melbourne Primary School
2.0 km
Primary school | Government
Port Melbourne Secondary College
2.1 km
Secondary school | Government
Melbourne Grammar School
2.6 km
Combined school | Independent
Wesley College
2.7 km
Combined school | Independent
St Kilda Park Primary School
2.8 km
Primary school | Government
South Yarra Primary School
3.3 km
Primary school | Government
Macrobertson Girls High School
2.3 km
Secondary school | Government
Victorian College of the Arts Secondary School
2.4 km
Secondary school | Government
Melbourne Girls' Grammar School - An Anglican School
3.5 km
Combined school | Independent
Prahran High School
3.8 km
Secondary school | Government
Ozford College
3.8 km
Secondary school | Independent
Haileybury College - City Campus
3.9 km
Combined school | Independent
* Approximate straight-line distances

Frequently asked questions

What asking price or listing price is shown?

16/150 Victoria Avenue includes price $915,000 (estimated value)

Homes.vic.gov.au
In which suburb is 150 Victoria Avenue located?

The property is located in the inner‑city suburb of Albert Park, approximately 4 km south of Melbourne’s Central Business District

En.wikipedia.org
What was the former use of the building at 150 Victoria Avenue?

The building was previously used as accommodation for elderly persons and operated under the name Layfield Court

Vgls.vic.gov.au
What redevelopment is planned for 150 Victoria Avenue?

A major “Big Housing Build” redevelopment is planned for the site, with the next stage scheduled for 2026 as part of a staged renewal of the former Layfield Court building

Homes.vic.gov.au Homes.vic.gov.au
Which tram stop is closest to 150 Victoria Avenue?

The Beaconsfield Parade tram stop on Victoria Avenue is about 0.1 km away

How far is South Melbourne beach from the property?

South Melbourne beach is approximately 0.2 km from the address

What kind of property is this?

16/150 Victoria Avenue is listed as Apartment in Albert Park, VIC

Homes.vic.gov.au
What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $915,000, the calculated weekly rent is $830 per week, and the indicative gross yield is 4.72%

Homes.vic.gov.au

Related profiles

Jump to the related profiles for this address.

Root property

150 Victoria Avenue

View the main multi-unit property profile covering 141 tracked units.

View root property

Suburb profile

Albert Park

Browse the suburb profile, property mix, and related area data.

View suburb profile

Street profile

Victoria Avenue

See the street-level property page and compare nearby listings.

View street profile