OFF MARKET

5 Reed Street
Albert Park VIC 3206

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 124m2
Land area: 143m2
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Last updated 30 Sep 2024
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Property Details for 5 Reed St, Albert Park

5 Reed St, Albert Park is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 143m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
House
Floor Size
124m2
Land Size
143m2
Local Government
Port Phillip
Lot/Plan
1/PS732916

Last Listing description (October 2016)

The imaginative approach that always defines a Nicholas Murray Architects property is the signature of this exceptional c2015 residence, designed, overseen and personally lived in by the architect, built with care and quality by Hansen Living. Solid USA oak floors complement superb downstairs spaces including a versatile lounge, clever study zone and a living/dining domain that s loaded with natural light and served by a Miele induction equipped kitchen featuring stone surfaces and a butler s pantry. Above, arranged around a central staircase with a dual function as an effective atrium, three bedrooms and two bathrooms include a main bedroom where walk in robes, a stunning ensuite and sea breezes from the balcony add to the allure. Natural materials, first class finishes, LED lighting, high ceilings (approx. 3m) zoned integrated heating/cooling, 6.5 star energy rating and a north facing rear courtyard that accommodates off street parking lead the extensive list of additional advantages that make this fresh, forward looking home of some 20sq s so appealing. Walk to Albert Park College, Victoria Avenue and the beach all in a matter of moments.

Property History for 5 Reed St, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$2,255,000
28 May 2016
  • 28 May 2016
    Sold for $2,255,000
  • 02 May 2016
    Listed for Sale Contact Agent
  • 11 Dec 2015
    Transferred
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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 3,647 properties. Over the last 5 years, Houses in Albert Park have seen a 19.09% increase in median value, while Units have seen a 0.70% increase. As at 31 August 2024:

  • The median value for Houses in Albert Park is $2,326,212 while the median value for Units is $808,133.
  • Houses have a median rent of $870 while Units have a median rent of $550.
There are currently 4 properties listed for sale, and 4 properties listed for rent in Albert park on OnTheHouse. According to CoreLogic's data, 129 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.