Albert Park is a lovely suburb of Melbourne that is famous for being the site of the city’s main sports venues, including Lakeside Stadium and the Formula 1 Albert Park Circuit. That’s not everything that’s so great about this area, though! If you are looking to hire a function room for a wedding reception, business meeting, or any other kind of event, you should consider doing so in Albert Park. It’s home to a wide variety of affordable spaces and, luckily for you, we’re listing them all in one place! Simply start by browsing our selection of function rooms in the area and book directly in a few clicks!
The cost of function rooms in Albert Park averages around $115 hire fee per hour. The final price will depend on location, size, amenities, and demand. Some venues also offer additional packages that include catering, AV equipment, or additional services. Take a look at the usual price ranges in Albert Park, based on Tagvenue data:
From $85 | to $228 | hire fee per hour |
From $75 | to $102 | per person |
From $2500 | to $3000 | minimum spend per event |
Based on the popularity and user ratings on Tagvenue (updated September 2025), the best options include:
The Terrace at Royce Hotel
in South East Melbourne - rated 5/5
Our user said: ‘The venue and catering exceeded expectations.’
Tudor Room at The Tipsy Cow
in Port Melbourne - rated 4.9/5
Our user said: ‘We had an amazing time at this venue! The atmosphere was lovely, and the staff were incredibly professional.’
Lake Room at Pullman & Mercure Melbourne Albert Park
in South East Melbourne - rated 4.9/5
Our user said: ‘Every things is done as planned The food was good...’
Function rooms are an incredibly versatile type of venue. They can be hired for a variety of professional and corporate events, including meetings, conferences, and interviews. Many function spaces have modern audio-visual equipment, so they are also a great choice for holding presentations. Some function rooms are made strictly for business needs, but many of them can also accommodate all kinds of private special occasions! You can organise a party or even a wedding reception at one of these venues and decorate it as you please to fit your theme. Hotels with function rooms are a perfect setting for events with many out-of-town guests.
Choosing and booking the right function space is quite a task, but it’s made easier with our tips and tricks. Simply follow this short guide and you’ll be good to go: