Apartment

2/119 Victoria Avenue

Albert Park VIC 3206, Australia

1 Bedrooms

1 Bathrooms

1 Parking

393 m² Land size

- Internal area

About this property

2/119 Victoria Avenue is a one‑bedroom, one‑bathroom apartment with a single secure car space. The unit sits above ground‑floor retail shops, giving the building a mixed‑use character, and offers a large rear terrace, a central kitchen with laundry facilities, gas heating, and built‑in robes in the bedroom.

It is located on a city tram route, with cafés at the doorstep and the beach a short walk away. The estimated market value is $631,000 and the estimated weekly rent is $535 per week

Key details

Locality: Albert Park
State: VIC
Coordinates: 37.84552865 / 144.95040723
GNAF PID: GAVIC410737113
Legal parcel ID: 2\LP35287
Remoteness area: Metro
Property type: Commercial
Unit land size: 393 m²
Unit internal area: -
Internet: FTTC NBN (up to 100 Mbps download / 40 Mbps upload), eligible for FTTP upgrade
Mobile coverage: 5G
Bushfire risk: None detected
Flood risk: None detected
Heritage overlay: Detected
Land Use Category: Commercial

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent

$552

Expected property value

$700,500

Estimated yield

4.1%

Confidence

Low

Based on the comparable property evidence currently available.

Property insights

Building profile

2/119 Victoria Avenue in Albert Park is a 1‑bedroom, 1‑bathroom apartment (flat) situated above ground‑floor retail shops, giving the building a mixed‑use character

Property Features

Large rear terrace with outdoor entertainment area
Secure carport accessed via automatic roller door
Central kitchen equipped with laundry facilities
Living room heated by gas
Double bedroom with built‑in robes
Situated on city tram route; cafés at the doorstep; beach metres away
Car spaces: 1

Recorded sales and leasing agents

Recorded sale agency: RT Edgar Albert Park

Ownership mix

Approximate occupancy mix for the surrounding area

Owner-occupied

59%

Renter-occupied

41%

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

Graham St/Victoria Ave tram stop (); 0.1 km away
Richardson St/Victoria Ave tram stop (); 0.1 km away
Graham St/Victoria Ave (Albert Park) tram stop in Melbourne, Australia; 0.1 km away
South Melbourne beach beachfront (); 0.4 km away
Richardson St/Victoria Ave (Albert Park) tram stop in Melbourne, Australia; 0.1 km away

Read suburb profile

Real Estate Agencies

Ordered by:

Marshall White

6.2 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

0.8 km

110 Bridport Street, Albert Park, VIC 3206

Buxton - Port Melbourne

1.2 km

370 Bay St, Port Melbourne, VIC 3207

The Agency - Victoria

6.8 km

Vic Head Office | Level 3/489 Toorak Road, Toorak, VIC 3142

Jellis Craig - Port Phillip

0.7 km

332 Montague Street, Albert Park, VIC 3206

Buxton - Albert Park

0.7 km

330 Montague Street, Albert Park, VIC 3206

BigginScott - Richmond

4.4 km

28 Bridge Road, Richmond, VIC 3121

Kay & Burton - Bayside

5.2 km

7/505 Toorak Road, Toorak, VIC 3142

RT Edgar

5.0 km

10 Wallace Avenue, Toorak, VIC 3142

Nick Johnstone Real Estate - Brighton

7.8 km

248 Esplanade, Brighton, VIC 3186

WHITEFOX Real Estate - Port Phillip

0.7 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

0.4 km

29 Victoria Avenue, Albert Park, VIC 3206

Wilson Agents - Glen Eira

7.0 km

195 Balaclava Road, Caulfield North, VIC 3161

Evoke Property

1.7 km

Level 5, 111 Cecil Street, South Melbourne, VIC 3205

Melbourne Residential Real Estate - Southbank

3.9 km

Level 14/460 Lonsdale Street, Melbourne, VIC 3000

Hodges - Prahran/South Yarra

3.7 km

2 Chatham Street, Prahran, VIC 3181

* Approximate straight-line distances

Nearby schools

Type:

Ordered by:

Albert Park College

0.3 km

Secondary school | Government

Albert Park Primary School

0.4 km

Primary school | Government

Middle Park Primary School

0.7 km

Primary school | Government

Port Phillip Specialist School

1.2 km

Special school | Government

Galilee Regional Catholic Primary School

1.1 km

Primary school | Independent

South Melbourne Park Primary School

1.2 km

Primary school | Government

Montague Continuing Education Centre

1.6 km

Special school | Government

Port Melbourne Primary School

1.9 km

Primary school | Government

South Melbourne Primary School

1.8 km

Primary school | Government

Port Melbourne Secondary College

2.2 km

Secondary school | Government

Melbourne Grammar School

2.4 km

Combined school | Independent

Wesley College

2.6 km

Combined school | Independent

St Kilda Park Primary School

2.8 km

Primary school | Government

South Yarra Primary School

3.1 km

Primary school | Government

Macrobertson Girls High School

2.2 km

Secondary school | Government

Victorian College of the Arts Secondary School

2.3 km

Secondary school | Government

Melbourne Girls' Grammar School - An Anglican School

3.4 km

Combined school | Independent

Prahran High School

3.7 km

Secondary school | Government

Ozford College

3.6 km

Secondary school | Independent

Haileybury College - City Campus

3.8 km

Combined school | Independent

* Approximate straight-line distances

Frequently asked questions

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

2/119 Victoria Avenue is described with 1 bedroom, 1 bathroom, 1 parking space, land size of 393 m²

What is the population of Albert Park?

Albert Park had a population of 6,044 at the 2021 census

Which tram stops are closest to the property?

The nearest tram stops are Graham St/Victoria Ave (0.1 km) and Richardson St/Victoria Ave (0.1 km)

What beach is nearest to the property?

South Melbourne beach is about 0.4 km away

What heritage hotel is located nearby?

The Victoria Hotel, a heritage‑listed hotel, is approximately 0.4 km from the address

What cultural venues are close to the property?

Nearby former cinemas include the Academy of Living Pictures (0.2 km), Dux Theatre (0.3 km) and Tivoli Pictures (0.3 km)

What kind of property is this?

2/119 Victoria Avenue is listed as Apartment in Albert Park, VIC

What asking price or listing price is shown?

2/119 Victoria Avenue includes price $631,000 (estimated market value)

Related profiles

Jump to the related profiles for this address.

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