FOR SALE
$900,000-$990,000

388 Ferrars Street
Albert Park VIC 3206

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Auction Time
Sat 30 Nov 10:00 am
Inspection Times
No upcoming inspections scheduled.
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OPPORTUNITIES ABOUND…. BLUE CHIP POSITION…

This balconied two storey brick Victorian requires full renovation throughout but offers a perfect canvas to create your dream home in this coveted location.
- 3 bedrooms
- Open plan living dining with open fire place
- Kitchen meals area
- Central bathroom upstairs
- Rear courtyard
- 7.6m frontage and 129m2 in total approx.
- Rear pedestrian access to Dundas Place
- Neighbourhood Residential with Heritage Overlay
- Once the property is fixed and compliant, the potential rent amount is $550 - $600 per week
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Property Details for 388 Ferrars St, Albert Park

388 Ferrars St, Albert Park is a 3 bedroom, 1 bathroom House. The place is currently for sale with Biggin & Scott - Richmond.

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About Albert Park 3206

The size of Albert Park is approximately 2.8 square kilometres. It has 10 parks covering nearly 55.1% of total area. The population of Albert Park in 2011 was 5,954 people. By 2016 the population was 6,185 showing a population growth of 3.9% in the area during that time. The predominant age group in Albert Park is 40-49 years. Households in Albert Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Albert Park work in a professional occupation. In 2011, 56.5% of the homes in Albert Park were owner-occupied compared with 58.9% in 2016.

Albert Park has 3,610 properties. Over the last 5 years, Houses in Albert Park have seen a 1.33% increase in median value, while Units have seen a 3.54% increase. As at 31 October 2024:

  • The median value for Houses in Albert Park is $2,152,609 while the median value for Units is $834,681.
  • Houses have a median rent of $878 while Units have a median rent of $548.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Albert park on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Albert park.

Suburb Insights for Albert Park 3206

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Andrew Crotty
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Chaise Priestley
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Biggin & Scott - Richmond
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.