OFF MARKET

3/85 Merton Street
Albert Park VIC 3206

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 499m2
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Property Details for 3/85 Merton St, Albert Park

3/85 Merton St, Albert Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1900. The property has a land size of 499m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
Unit
Year Built
1900
Floor Size
80m2
Land Size
499m2
Local Government
Port Phillip
Lot/Plan
3/PS348428

Last Listing description (May 2018)

Magnificent opportunity lies within this boutique traditional style development for an entry level buyer, downsizer or investor to acquire a two bedroom apartment in a spectacular location moments from Albert Park village. Typical of the apartment's era, generous room sizes define the accommodation within and expansive living flows to an equipped kitchen. Two spacious bedrooms with built in robes share a central bathroom with laundry facilities. Off street parking completes this sensational proposition that puts a choice of shopping, an array of cafes and restaurants, Albert Park Lake, MSAC, the beach and transport links to the CBD within easy reach.

Property History for 3/85 Merton St, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$690,000
28 Apr 2018
Listed for Rent
$475/w
29 Mar 2017
  • 28 Apr 2018
    Sold for $690,000
  • 03 Apr 2018
    Listed for Sale Contact Agent
  • 16 Mar 2017
    Listed for Rent $475 / week
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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 3,643 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:

  • The median value for Houses in Albert Park is $2,267,833 while the median value for Units is $798,259.
  • Houses have a median rent of $850 while Units have a median rent of $545.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Albert park on OnTheHouse. According to CoreLogic's data, 149 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.