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The park stands on the Symonds Street ridge, which was built up and broadened by a thick layer of ash that erupted 60,000 years ago from a volcano situated close to where Victoria Street East, Kitchener Street and Bowen Avenue meet.
Since that time the greatest changes to the park probably occurred during World War II when the old ornamental guns were buried and air raid shelters and tunnels were dug under the park following the attack on Pearl Harbour.
A landscaped extension of Albert Park containing seats and a fountain lies amongst the row of historic houses on Princes Street opposite the university.
PrincesPark is a 38.6 hectare (95.4 acre) park in the inner-Melbourne suburb of Carlton North, Victoria.
It is located directly north of the University of Melbourne and bounded on its eastern and western sides by Melbourne General Cemetery and Royal Parade respectively.
Although the park consists of a number of Australian rules football ovals, the bowling green of the PrincesPark Lawn Bowls Club, and a small stretch of parkland, it is best known as the location of PrincesPark Football Ground (also known as Optus Oval), the home of the Carlton Football Club.