5/85 Merton StreetAlbert Park VIC 3206
Property Details for 5/85 Merton St, Albert Park
5/85 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 498m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in October 2015.
Last Listing description (January 2016)
With its generous dimensions (80sqm approx) and a private top-floor setting allowing for light-filled interiors and fantastic city views, this 2-bedroom freestanding apartment block represents supremely rare entry-level buying in the exclusive environs of Albert Park.
A well-maintained, secure and boutique complex of just seven precedes a sunlit and spacious living/dining room, a bright separate kitchen with gas cooking and a dishwasher, two good-sized bedrooms with built-in robes, a separate WC and a bathroom with a separate bath and laundry taps.
Offering genuine lifestyle appeal for first home seekers and investors, it comes complete with off-street parking, the perfect spot to leave car as you take advantage of the brilliant location within strolling distance to Albert Park Village shops and cafes, public transport, Albert Park Lake, MSAC and sunny bay beaches. Note: Located in Albert Park Primary and Secondary Schools' Zone.
Property History for 5/85 Merton St, Albert Park, VIC 3206
- 17 Oct 2015Sold for $674,000
- 22 Sep 2015Listed for Sale Contact Agent
- 01 Aug 2014Listed for Rent $399 / 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 3,595 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.
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