Golf has been played on the Albert Park site since the late 1800's. In 1948 Lakeside Golf Club (LGC) was founded and incorporated in 1998. Lakeside Golf Club Inc is one of 60 member clubs of the Victorian Golf League and is affiliated with Golf Victoria. LGC currently enjoys its Clubhouse facilities on course at the Lago Restaurant and Bar overlooking Albert Park Lake and the city skyline. LGC membership comprises male and female golfers of all ages whether experienced or just beginning.

The golf course itself has been redesigned in part by Tony Cashmore, and by others over the years. It enjoys an enviable location a short distance from the Melbourne CBD, and directly opposite the racetrack for the annual Melbourne Formula 1 Grand Prix. Fully public, the course is extremely busy during weekends and holiday periods.