Albert Park vs Port Melbourne

Port Melbourne is the younger of the two, with a median age of 42 against 46 in Albert Park. In both, most households own their home and about half of households are people living alone. In Port Melbourne, about half of homes are flats or apartments. Houses cost more in Albert Park: a median of $2.31 million, against $1.5 million in Port Melbourne, and rent is higher there too. On these figures, Port Melbourne tends to suit buyers on a tighter budget.

Which one suits you?

There is no overall winner — the suburb that suits a family with school-age kids is routinely the wrong one for someone commuting into the city. So each of these answers its own question, against a checklist you can see, using the same figures in the tables below.

Families with school-age kids

Albert Park

ahead on 3 of the 6 things we measure here

  • has more separate houses rather than flats (19% vs 6%)
  • has more schools rated above their peers (2 vs 1)
  • is already more of a family suburb (49% vs 41%)
  • But Port Melbourne has more parks and reserves (30 vs 10)

Weighs schools, house stock, crime, parks, childcare, and who already lives there.

First-home buyers

Port Melbourne

ahead on 3 of the 3 things we measure here

  • has cheaper units ($667,500 vs $1,097,500)
  • has cheaper houses ($1,500,000 vs $2,312,500)
  • leaves households under less mortgage stress (24% vs 32%)

Weighs house prices, unit prices, and mortgage stress.

Renters

Port Melbourne

ahead on the one thing that separates them

  • has cheaper rent ($540/wk vs $590/wk)

Weighs rent, rental stress, and how much is for rent.

Commuting to the city

Albert Park

ahead on the one thing that separates them

  • is more walkable (96/100 vs 68/100)

Weighs distance, drive time, rail access, and walkability.

Downsizers and retirees

They split

one each way, out of the 5 things we measure here

  • Albert Park is more walkable (96/100 vs 68/100)
  • Port Melbourne has more GPs (7 vs 3)

Weighs smaller dwellings, who already lives there, GPs, walkability, and crime.

Investors

Port Melbourne

ahead on 2 of the 3 things we measure here

  • is growing faster (9.0% vs -2.8%)
  • returns a higher gross yield on houses (3.5% vs 2.7%)

Weighs house yield, unit yield, and population growth.

Where they sit

Albert Park and Port Melbourne drawn to the same scale. Both outlines are shown together, so the map answers whether they share a border and how their areas compare.

Albert Park Port Melbourne
Hides rows where both suburbs match

Bars start at zero. Scores, risks and rankings are drawn against their full 0–100 range; other rows are drawn in proportion to the larger of the two.

Side by side, out of 100

Risks are inverted — shown as safety and low exposure — so a longer bar always means better.

Albert Park Port Melbourne
Walkability 96 / 68
Albert Park — Walkability: 96/100 Port Melbourne — Walkability: 68/100
Safety 17 / 11
Albert Park — Safety: 17/100 Port Melbourne — Safety: 11/100
Low fire risk 100 / 100
Albert Park — Low fire risk: 100/100 Port Melbourne — Low fire risk: 100/100
Low flood risk 68 / 63
Albert Park — Low flood risk: 68/100 Port Melbourne — Low flood risk: 63/100

Demographics

Port Melbourne has more residents (17,633 vs 6,044); Albert Park skews older (46 vs 42).

Albert Park Port Melbourne
Population 6,044 17,633
+192% vs other
Population trend (2016 → 2021) -2.8% +9.0%
Median age 46 42
Median household income $131,716/yr
+6% vs other
 $123,344/yr
Median weekly rent $590/wk
+8% vs other
 $540/wk

Age profile

Share of residents in each band, 2021 Census.

Albert Park Port Melbourne
0-4 5.3% / 4.7%
Albert Park — 0-4: 5.3% Port Melbourne — 0-4: 4.7%
5-14 11.1% / 9.0%
Albert Park — 5-14: 11.1% Port Melbourne — 5-14: 9.0%
15-19 4.8% / 3.9%
Albert Park — 15-19: 4.8% Port Melbourne — 15-19: 3.9%
20-24 4.0% / 4.0%
Albert Park — 20-24: 4.0% Port Melbourne — 20-24: 4.0%
25-34 9.3% / 15.4%
Albert Park — 25-34: 9.3% Port Melbourne — 25-34: 15.4%
35-44 13.5% / 17.7%
Albert Park — 35-44: 13.5% Port Melbourne — 35-44: 17.7%
45-54 16.3% / 16.5%
Albert Park — 45-54: 16.3% Port Melbourne — 45-54: 16.5%
55-64 14.1% / 12.7%
Albert Park — 55-64: 14.1% Port Melbourne — 55-64: 12.7%
65-74 11.6% / 9.5%
Albert Park — 65-74: 11.6% Port Melbourne — 65-74: 9.5%
75-84 7.9% / 5.2%
Albert Park — 75-84: 7.9% Port Melbourne — 75-84: 5.2%
85+ 2.0% / 1.4%
Albert Park — 85+: 2.0% Port Melbourne — 85+: 1.4%

Bars are drawn against the largest share shown (17.7%).

Who lives together

Household composition, 2021 Census.

Albert Park 45.0% lone person
Albert Park — Lone Person: 45.0% Albert Park — Couple Families: 38.2% Albert Park — One Parent Families: 10.9% Albert Park — Group Household: 4.5% Albert Park — Other Families: 1.3%
Port Melbourne 52.1% lone person
Port Melbourne — Lone Person: 52.1% Port Melbourne — Couple Families: 29.2% Port Melbourne — One Parent Families: 11.7% Port Melbourne — Group Household: 5.6% Port Melbourne — Other Families: 1.4%
Lone Person Couple Families One Parent Families Group Household Other Families

Who owns and who rents

Occupied private dwellings by tenure, 2021 Census.

Albert Park 37.7% renting
Albert Park — Owned Outright: 37.8% Albert Park — Mortgage: 24.5% Albert Park — Renting: 37.7%
Port Melbourne 44.4% renting
Port Melbourne — Owned Outright: 26.4% Port Melbourne — Mortgage: 29.2% Port Melbourne — Renting: 44.4%
Owned outright Mortgage Renting

Qualifications

Highest non-school qualification, residents 15+, 2021 Census.

Albert Park Port Melbourne
Bachelor Degree 25.0% / 24.1%
Albert Park — Bachelor Degree: 25.0% Port Melbourne — Bachelor Degree: 24.1%
Postgraduate Degree 13.2% / 10.3%
Albert Park — Postgraduate Degree: 13.2% Port Melbourne — Postgraduate Degree: 10.3%
Advanced Diploma / Diploma 6.8% / 8.9%
Albert Park — Advanced Diploma / Diploma: 6.8% Port Melbourne — Advanced Diploma / Diploma: 8.9%
Certificate III & IV 5.3% / 7.2%
Albert Park — Certificate III & IV: 5.3% Port Melbourne — Certificate III & IV: 7.2%
Graduate Diploma / Certificate 3.6% / 3.5%
Albert Park — Graduate Diploma / Certificate: 3.6% Port Melbourne — Graduate Diploma / Certificate: 3.5%

Bars are drawn against the largest share shown (25.0%).

Where residents were born

Largest overseas birthplaces, as a share of all residents, 2021 Census. A dash means that country is not among the suburb's own eight largest.

Albert Park Port Melbourne
England 5.3% / 4.9%
Albert Park — England: 5.3% Port Melbourne — England: 4.9%
Greece 3.4% / 1.7%
Albert Park — Greece: 3.4% Port Melbourne — Greece: 1.7%
New Zealand 2.1% / 2.5%
Albert Park — New Zealand: 2.1% Port Melbourne — New Zealand: 2.5%
India 1.8% / 0.8%
Albert Park — India: 1.8% Port Melbourne — India: 0.8%
Ireland 0.9% / 0.9%
Albert Park — Ireland: 0.9% Port Melbourne — Ireland: 0.9%
Italy 0.9% / 0.9%
Albert Park — Italy: 0.9% Port Melbourne — Italy: 0.9%
China — / 1.5%
Albert Park — China: not among its largest Port Melbourne — China: 1.5%

Bars are drawn against the largest share shown (5.3%).

What people live in

Occupied private dwellings by structure, 2021 Census.

Albert Park 62.0% townhouses
Albert Park — Townhouses: 62.0% Albert Park — Flats / Apartments: 19.2% Albert Park — Houses: 18.8%
Port Melbourne 43.9% townhouses
Port Melbourne — Townhouses: 43.9% Port Melbourne — Flats / Apartments: 50.2% Port Melbourne — Houses: 6.0%
Townhouses Flats / Apartments Houses

Property market

Albert Park Port Melbourne
Median house price $2,312,500 $1,500,000
Median unit price $1,097,500 $667,500
Median land price —
same for both
Typical days to sell (houses) 24 days
from 55 sales
 24 days
from 115 sales

Unit price by bedroom count

Only bed counts both suburbs published enough sales for. Sale counts are shown because the buckets differ in depth.

Albert Park Port Melbourne
1 bed $450K / $490K
Albert Park — 1 bed: $450K (7 sales) Port Melbourne — 1 bed: $490K (93 sales)

7 vs 93 sales

2 bed $1.1M / $741K
Albert Park — 2 bed: $1.1M (18 sales) Port Melbourne — 2 bed: $741K (182 sales)

18 vs 182 sales

3 bed $2.6M / $1.67M
Albert Park — 3 bed: $2.6M (8 sales) Port Melbourne — 3 bed: $1.67M (32 sales)

8 vs 32 sales

House price by bedroom count

Only bed counts both suburbs published enough sales for. Sale counts are shown because the buckets differ in depth.

Albert Park Port Melbourne
1 bed $1.48M / $924K
Albert Park — 1 bed: $1.48M (10 sales) Port Melbourne — 1 bed: $924K (6 sales)

10 vs 6 sales

2 bed $1.54M / $1.25M
Albert Park — 2 bed: $1.54M (42 sales) Port Melbourne — 2 bed: $1.25M (71 sales)

42 vs 71 sales

3 bed $2.51M / $1.72M
Albert Park — 3 bed: $2.51M (66 sales) Port Melbourne — 3 bed: $1.72M (76 sales)

66 vs 76 sales

4 bed $2.96M / $2.33M
Albert Park — 4 bed: $2.96M (26 sales) Port Melbourne — 4 bed: $2.33M (22 sales)

26 vs 22 sales

Zoning mix

Port Melbourne has more commercially zoned land (47% vs 4%); Port Melbourne has more industrially zoned land (13% vs 0%).

Albert Park Port Melbourne
Parks and recreation 54% 9%
Commercial 4% 47%
Residential 35% 20%
Industrial 0% 13%
Infrastructure and transport 7% 10%
Other and special use 0% 2%
Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the suburb around it. Zones as at 2026-09.

Development activity

Albert Park Port Melbourne
New dwellings approved 891
across Port Phillip
same for both
Approvals change year on year +4175%
same for both

Gross rental yield

Gross — before strata, rates, management, insurance and vacancy. From median advertised rents and median asking prices over the last 6 months. How we calculate.

Albert Park Port Melbourne
Houses 2.7%
$1,000/wk on $1.9M
 3.5%
$1,025/wk on $1.51M
Units 5.3%
$680/wk on $670K
 5.5%
$780/wk on $735K

Ranking within VIC

Albert Park Port Melbourne
House price Higher than 98% of VIC Higher than 93% of VIC
Income Higher than 95% of VIC Higher than 92% of VIC
Schools Higher than 74% of VIC Higher than 57% of VIC
Walkability Higher than 99% of VIC Higher than 89% of VIC
Affordability Higher than 4% of VIC Higher than 16% of VIC
EV adoption Higher than 98% of VIC
same for both
NBN connectivity Higher than 83% of VIC Higher than 81% of VIC
Rental yield (houses) Higher than 7% of VIC Higher than 38% of VIC
Rental yield (units) Higher than 75% of VIC Higher than 84% of VIC

Liveability

Albert Park is more walkable (96 vs 68); Albert Park scores higher overall (82 vs 70).

Albert Park Port Melbourne
Grade A
same for both
Score 82/100 70/100
Socio-economic band very advantaged area
decile 10/10
same for both

Risk profile

Albert Park Port Melbourne
Bushfire None
0/100
same for both
Crime High
83/100
 High
89/100
Flood Low
32/100
 Low
37/100
Coastal erosion Low
38/100
 High
76/100
Aircraft noise None
0/100
same for both
Industrial facilities nearby 18
within 5 km
 36
within 5 km

Schools

Albert Park Port Melbourne
Inside the suburb 6 4
Rated above peers 2 1
Rated at peers 1 0
Rated below peers 0 1
Universities within 10 km 3
Melbourne C.Q.U Campus, 2.4 km
 3
Melbourne C.Q.U Campus, 4.4 km
Full-time students aged 15–24 2.7% 1.9%

Schools in Albert Park

  • Albert Park Primary School Government · Primary above peers
  • South Melbourne Park Primary School Government · Primary above peers
  • Albert Park College Government · Secondary at peers
  • Albert Park College-Performing Arts Centre (interim name) Government · Secondary
  • SEDA College (Victoria) - MSAC Function Room Independent · Secondary
  • SEDA College (Victoria) - Sailing - Albert Park Independent · Secondary

Schools in Port Melbourne

  • Port Melbourne Secondary College Government · Secondary above peers
  • Port Melbourne Primary School Government · Primary below peers
  • Albert Park College-Environmental Arts Hub Government · Secondary
  • Port Phillip Specialist School Government · Combined · Special school

Amenities in the suburb

Albert Park Port Melbourne
Supermarkets 3 4
Cafes & restaurants 39 55
Parks & reserves 10 30
Childcare 6 8
GPs 3 7
Pharmacies 2 3
Banks & Bank@Post 0 4
Fuel stations 1 5
EV chargers 0 4
Beaches 1 0
Waterways 0 1

Mobility

Albert Park Port Melbourne
Walkability score 96/100 68/100
Distance to Melbourne 5.5 km 5.9 km
+7% vs other
Drive time (normal traffic) 13 min 14 min
Public transport score 82/100
Tram · Bus
 94/100
Tram · Bus
Peak arrivals per hour 189.0
7-9am + 5-7pm
 654.8
7-9am + 5-7pm
Median peak wait 0 min
scheduled, not actual
same for both
Electric vehicle share 2.8%
postcode 3206
 2.9%
postcode 3207
Rooftop solar per 100 dwellings 11
postcode 3206
 7
postcode 3207

How people get to work

Method of travel on census day 2021 — which fell during COVID restrictions, so working from home is inflated and every travel mode understated.

Albert Park Port Melbourne
Worked from Home 55.0% / 52.1%
Albert Park — Worked from Home: 55.0% Port Melbourne — Worked from Home: 52.1%
Car (driver) 30.9% / 33.9%
Albert Park — Car (driver): 30.9% Port Melbourne — Car (driver): 33.9%
Walked Only 5.1% / 4.4%
Albert Park — Walked Only: 5.1% Port Melbourne — Walked Only: 4.4%
Tram / Light Rail 3.9% / 2.6%
Albert Park — Tram / Light Rail: 3.9% Port Melbourne — Tram / Light Rail: 2.6%
Bicycle 2.5% / 2.9%
Albert Park — Bicycle: 2.5% Port Melbourne — Bicycle: 2.9%

Bars are drawn against the largest share shown (55.0%).

Setting

Albert Park Port Melbourne
Elevation 8 m
above sea level, at the suburb centre
 10 m
above sea level, at the suburb centre
Distance to the ocean 850 m
913 m to a named beach
 792 m
813 m to a named beach

NBN connectivity

Albert Park Port Melbourne
Connectivity score 75/100 73/100
Most common technology Fibre to the premises Fibre to the building
Full-fibre (FTTP) share 36%
3,619 premises
 18%
12,195 premises

Climate

Albert Park Port Melbourne
Annual rainfall 534 mm
same for both
Summer max (Jan) 26.7°C
same for both
Winter min (Jul) 6.5°C
same for both

Air quality (annual mean)

Albert Park Port Melbourne
PM2.5 7.9 µg/m³
same for both
PM10 —
same for both
NO₂ —
same for both

Council rates

Albert Park Port Melbourne
Average residential rate $1,765/yr
same for both
Council Port Phillip
same for both

Federal electorate

Albert Park Port Melbourne
Division Macnamara
same for both
Member Josh Burns
same for both
Party Australian Labor Party
same for both

First Home Owner Grant

Albert Park Port Melbourne
Grant amount $10,000
same for both
Property price cap $750,000
same for both
Eligibility New
same for both

Tags

Albert Park

Beach Coastal Inner Luxury Parks Professionals Townhouses Trams Transport Hub

Port Melbourne

Apartments Beach Coastal Easy Commute Inner Parks Premium Professionals Townhouses Transport Hub

More comparisons

Other comparisons with Albert Park

Albert Park vs Melbourne Albert Park vs St Kilda Albert Park vs South Melbourne Albert Park vs Middle Park Albert Park vs St Kilda West

Other comparisons with Port Melbourne

Port Melbourne vs Yarraville Port Melbourne vs Docklands Port Melbourne vs Newport Port Melbourne vs South Melbourne Port Melbourne vs West Melbourne Port Melbourne vs Spotswood
Full data on Albert Park Full data on Port Melbourne
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Information shown is provided as-is from Australian government and commercial data sources.
Always verify with the relevant authority before making property decisions.
See Data Sources and How We Calculate for details.

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