SOLD
Sold on 26 Mar 2024 for $2,765,000

55 Barrett Street
Albert Park VIC 3206

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 159m2
Land area: 177m2
Sold By
WHITEFOX Real Estate Port Phillip
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Property Details for 55 Barrett St, Albert Park

55 Barrett St, Albert Park is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1890. The property has a land size of 177m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Albert Park in the last 12 months.

Building Type
House
Year Built
1890
Floor Size
159m2
Land Size
177m2
Local Government
Port Phillip
Lot/Plan
1/TP346146

Last Listing description (April 2024)

THE DEAL
A compelling invitation to step beyond the enchanting facade where you'll discover a captivating single front Victorian terrace that eclipses mere charm. Nestled on the edge of the vibrant cafes and restaurants of Victoria Avenue, the beach, and Albert Park College, this spectacular residence unveils a desirable north-facing rear, a thoughtfully designed architectural extension and an idyllic alfresco space that will leave you in awe.

Seamlessly blending historical elegance with contemporary lines behind a tessellated verandah, the interior boasts rich original character, including cast iron lacework, high ornate ceilings, front leadlight windows that continue in the hallway and a corbel arch hallway reminiscent of its past. The vogue updates lead to an entirely contemporary rear, where brilliant natural light illuminates the rear open-plan living/dining zone. A gourmet kitchen with granite benchtops, Smeg cooking appliances and Asko dishwasher is orientated to cater to indoor-outdoor entertaining. Ascend the marine grade custom built stainless steel staircase to a versatile upper level, where a second living zone features an integrated workstation, a kitchenette and a rooftop terrace accompanying the main bedroom and a lavish spa-bathroom.

The allure extends outdoors to a fabulous alfresco setting complemented by a spectacular and private bluestone courtyard beneath an automated awning whilst two additional bedrooms and a second bathroom on the ground floor cater to harmonious family living, whilst modern comforts include RC/air-conditioning, hydronic heating, alarm, video intercom, double-glazing and excellent storage throughout. Located within walking distance to cafes, bars, restaurants, Albert Park Village, schools and trams, this is lifestyle living at its finest.

SEALS THE DEAL
Take your entertainment game to the next level with a specially crafted stainless steel rotisserie featuring an extra mains gas point for your Weber BBQ and ample room for a double-door drinks fridge. Plus, relish the added perk of secure garage parking with handy loft storage accessed via a wide right-of-way with a second awning separating it from the courtyard.

Property History for 55 Barrett St, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$2,765,000
26 Mar 2024
Listed for Rent
$280/w
16 Nov 1991
  • 26 Mar 2024
    Sold for $2,765,000
  • 06 Mar 2024
    Listed for Sale Not Disclosed
  • 16 Nov 1991
    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.

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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.