SOLD
Sold on 16 Mar 2024 for $2,475,000

114 Victoria Avenue
Albert Park VIC 3206

Bedrooms: 4
Bathrooms: 4
Car spaces: 1
Floor area: 317m2
Land area: 275m2
Sold By
Jellis Craig Port Phillip
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Property Details for 114 Victoria Ave, Albert Park

114 Victoria Ave, Albert Park is a 4 bedroom, 4 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 275m2 and floor size of 317m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Albert Park in the last 12 months.

Building Type
House
Year Built
1900
Floor Size
317m2
Land Size
275m2
Local Government
Port Phillip
Lot/Plan
1/TP238024

Last Listing description (May 2024)

An exceptional opportunity in a thriving lifestyle position, this remarkable Edwardian residence on 275sqm (approx) presents highly rewarding potential for families and equally appealing opportunities for developers (STCA).

Situated alongside cosmopolitan Victoria Avenue, mere metres from the beach, and featuring approved plans for a visionary transformation by Melbourne-based architectural firm Page Stewart, it embodies an innovative outlook for the site's future.

With an impressive four-bedroom plus study design spread over two levels and a double remote garage accessible via Little Graham Street, this property will set a new standard of excellence with sumptuous curves, high-end finishes and floor-to-ceiling glass framing a poolside courtyard. Alternatively, take on the project from the start and invest in the three-bedroom existing home whilst curating your own dream residence tailored to suit your own needs (STCA).

In a location offering perennial lifestyle and market appeal just a short walk to Albert Park College, Albert Park Primary School, village cafes, restaurants and city-bound transport and only moments from South Melbourne Market and the lake, this is a rewarding opportunity, whichever path is taken. Images 5-12 are Architectural renders.

Property History for 114 Victoria Ave, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$2,475,000
16 Mar 2024
Listed for Rent
$700/w
10 Nov 2020
  • 16 Mar 2024
    Sold for $2,475,000
  • 20 Feb 2024
    Listed for Sale $2,400,000 - $2,600,000
  • 26 Aug 2022
    Sold for $2,850,000
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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 3,595 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 6 properties listed for sale, and 1 property listed for rent in Albert park on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Albert park.

Suburb Insights for Albert Park 3206

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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.