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.
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.
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:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.