[1] The suburb of Albert Park extends from the St Vincent Gardens to Beaconsfield Parade and Mills Street.

It is characterised by wide streets, heritage buildings, terraced houses, open air cafes, parks and significant stands of mature exotic trees, including Canary Island Date Palm and London Planes.

The Albert Park Circuit has been home to the Australian Grand Prix since 1996, with the exception of 2020–2021 due to the COVID-19 lockdowns.

[2] Albert Park was used as a garbage dump, a military camp and for recreation before the artificial lake was built.

In 1854 a land-subdivision survey was done from Park Street, South Melbourne, to the northern edge of the parkland (Albert Road).

St Vincent Gardens were laid out and the surrounding streets home to the city's most successful citizens.

The current layout is the work of Clement Hodgkinson, the noted surveyor, engineer and topographer, who adapted the design in 1857 to allow for its intersection by the St Kilda railway line.

The development of the special character of St Vincent Place has been characterised, since the first land sales in the 1860s, by a variety of housing stock, which has included quality row and detached houses and by the gardens which, although they have been continuously developed, remain faithful to the initial landscape concept."

It is registered with the National Trust and is locally significant for the social focus the gardens provide to the neighbourhood.

Activities in the park range from relaxing walks, siestas to organised sports competition.

Albert Park has a long beach frontage, with several distinctive features, including many grand buildings (such as the Victoria Hotel, a grand hotel and former coffee palace, now café bar, built in 1887) and Victorian terrace homes; Kerferd Kiosk, an iconic Edwardian bathing pavilion and Kerferd Pier, which terminates Kerferd Road and is a jetty onto Port Phillip, used for fishing by many and sharks have occasionally been found around it.

Richardson Street and Canterbury Road follows a similar inland route south to St Kilda.

The event at Albert Park is held at 8am every Saturday and starts in the Coot Picnic area, opposite the MSAC.