SOLD
Sold on 02 Mar 2024 for $3,590,000

13-15 Faussett Street
Albert Park VIC 3206

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 140m2
Land area: 324m2
Sold By
Mack Burgoine
Jellis Craig Port Phillip
Warwick Gardiner
Jellis Craig Port Phillip
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Property Details for 13-15 Faussett St, Albert Park

13-15 Faussett St, Albert Park is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1890. The property has a land size of 324m2 and floor size of 140m2. 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
1890
Floor Size
140m2
Land Size
324m2
Local Government
Port Phillip
Lot/Plan
2/TP911123

Last Listing description (April 2024)

With all the hallmarks of early Victorian architecture and a location to envy, this elegant, single-level residence in the heart of Albert Park Village is ideal to enjoy now or while considering plans to update to your own design and requirements on 326sqm approx (STCA).

With its wide, double frontage and desirable off-street parking via Faussett Lane, this exceptional home is more than meets the eye, with impressive proportions highlighted by high ornate ceilings, Baltic pine floors and exquisite open fireplaces. A discreet side entrance leads through the central hallway, leading into a formal living room and four bedrooms. Bathed in natural light, the inviting casual meals area and well-appointed kitchen open to a remarkable rear garden and terrace, promoting quiet enjoyment among the area's lifestyle attractions.

A rare opportunity to secure this unique property, whether you choose to delight in its existing charm, extend and revive (STCA) invest, or simply enjoy the best of what the area has to offer, within steps of cafes, restaurants, boutiques and city-bound transport, and a short walk to St Vincent Gardens, MSAC, Albert Park Lake, schools, South Melbourne Market and the beach.

Property History for 13-15 Faussett St, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$3,590,000
02 Mar 2024
Listed for Rent
$1.10k/w
04 Oct 2022
  • 02 Mar 2024
    Sold for $3,590,000
  • 07 Feb 2024
    Listed for Sale Auction Saturday 2nd March, 10:00am
  • 04 Oct 2022
    Listed for Rent - Price not available
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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 3,644 properties. Over the last 5 years, Houses in Albert Park have seen a 26.18% increase in median value, while Units have seen a 5.58% increase. As at 31 July 2024:

  • The median value for Houses in Albert Park is $2,365,150 while the median value for Units is $845,803.
  • Houses have a median rent of $850 while Units have a median rent of $530.
There are currently 3 properties listed for sale, and 5 properties listed for rent in Albert park on OnTheHouse. According to CoreLogic's data, 127 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.