12/140 Kerferd Rd, Albert Park is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1968. The property has a land size of 810m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
Located and set back from Kerferd Road, this light-filled, spacious and top floor apartment features a North-East facing terrace overlooking the leafy streetscape, and an un-paralleled bayside lifestyle. Boasting two large bedrooms both with built-in-robes, an open plan living/dining with an adjoining private balcony, a large separate kitchen with an electric cooktop, oven and a dishwasher, ample bench and cupboard space, plus a central bathroom and separate powder room. The apartment further offers reverse cycle heating/cooling, secure entry and off-street tandem parking. All this while being situated within walking distance of the beach, the delights of both Albert Park and Middle Park villages, public transport, Albert Park Lake and MSAC.
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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 3,643 properties. Over the last 5 years, Houses in Albert Park have seen a 3.39% increase in median value, while Units have seen a -5.73% decrease. As at 30 November 2024:
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