Statistical Area 2 (SA2) · Area profile
Albert Park
5 km²
A significant shift toward high-earning professionals has reshaped Albert Park since 2011. This is now an affluent, well-educated community where more than half of adults hold a university degree and typical incomes are well above the national figure. The neighborhood is characterized by a high proportion of people living alone in apartments, creating a landscape of smaller households and a noticeably older population. It is a highly urbanized pocket of Melbourne where luxury and convenience meet.
An affluent area whose schools serve an equally well-off community.
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The typical resident is 41, making the area noticeably older than the state and national figures. Children under 15 make up only 13.3% of the population, which is well below the national average, while the number of seniors has risen by 4.8 percentage points since 2011.
Overseas birthplaces are common here, with 34.1% of residents born abroad, a figure well above the national average. English is the most common ancestry at 32.4%, followed by Australian, Irish, and Scottish heritage.
About 24.1% of people use a language other than English at home, which is a little above the national figure. While English remains dominant, Greek, Mandarin, and Italian are the most common other languages spoken.
The area is notably secular, with 45.9% of residents reporting no religion, which is well above the state and national figures. This trend has grown significantly, rising 15 percentage points since 2011.
This is an exceptionally qualified community, with 52.5% of adults holding a bachelor's degree or higher—far above the national average of 26.3%. Year 12 completion is also much higher than most areas at 79.3%.
Incomes are very high here; typical weekly family income is $3,335, well above the national figure. Over 30% of people earn $2,000 or more a week, a figure that has risen by 9.3 percentage points since 2011.
Residents enjoy good health, with the proportion of people needing help with daily activities (3.4%) and those with long-term health conditions (23.9%) both being much lower than in most areas.
Volunteering is more common here than in most areas, with 17.2% of people pitching in, though this is down from 20.8% in 2011. Unpaid care for children is less common than the state average.
The First Nations community is small, numbering 45 people. This group is far older and earns significantly more than the state and national averages for First Nations people.
The area is defined by small households, with 37.1% of people living alone—far above the national average. This is reflected in the low average of 2.1 people per home.
Apartments and townhouses dominate, as separate houses make up only 10% of homes, far below the national figure. Renting is very common at 43.6%, and typical weekly rents are well above the national average at $493.
Working from home has surged to 45.5% since 2011, far above the national figure. While public transport use is higher than average, 15.1% of homes do not own a car, among the highest rates for similar areas.
The population is quite mobile, with 49.6% of residents moving in the last five years. Recent overseas arrivals also make up a high share of the community at 23.3%.
The workforce is largely professional and managerial, with 66.9% of adults working or looking for work. Full-time employment is notably higher than the national average at 65.5%.
Albert Park is among the most advantaged areas in the country, scoring 10 out of 10 for overall advantage. It is particularly distinguished by its exceptionally high levels of education and job skills.
The area experiences an average maximum temperature of 20.3 degrees, while annual rainfall is 632mm, which is a little above the Victorian average.
This is a walker's paradise with a score of 9.3. Every single home is within a 15-minute walk of groceries, health services, parks, and public transport.
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