OFF MARKET

55 Reed Street
Albert Park VIC 3206

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 252m2
Land area: 288m2
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Property Details for 55 Reed St, Albert Park

55 Reed St, Albert Park is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 288m2 and floor size of 252m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1910
Floor Size
252m2
Land Size
288m2
Local Government
Port Phillip
Lot/Plan
55~43X/PP3084D

Last Listing description (June 2023)

A spectacular design by architects KMD Design has completely transformed this classic double fronted Victorian residence into a generously proportioned, lavishly finished and utterly breathtaking family domain. Bespoke joinery, exotic timbers and state of the art home technology highlight the meticulous attention paid to every detail.
Behind the block-fronted exterior, dark timber floors provide a contemporary contrast to the ornate ceilings in the wide central hall, glorious sitting room and a downstairs bedroom featuring striking Red Heart Gum paneled robes and a stylish en suite/bathroom. An inspired timber staircase ascends to additional family accommodation comprising a stunning main bedroom with Red Heart Gum robes, designer en suite with freestanding bath and a balcony, two double bedrooms with robes and a chic bathroom. Black stone floors flow through the fitted study, sensational dining space overlooking a light well with water feature and the sublime gourmet kitchen appointed with a full suite of premium Gaggenau appliances, 3 Vin Tech wine fridges, marble benches and a butler's pantry. The adjacent spacious living area with a gas fireplace opens fully through 2 sets of bi-fold doors to a private north-facing outdoor entertaining precinct with BBQ kitchen and 2-car stacker accessed via Reed Lane.
An absolute work of art just metres from the beach, Gasworks Park, Victoria Ave's shops, restaurants and trams and schools, it is comprehensively appointed with alarm, video intercom, full height 4500x3500 wine cellar, designer lighting, remote blinds, reverse osmosis water filter, pull down attic storage and irrigation.

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

A timeline of how this property has performed in the market
Last Sold
$4,100,000
01 Nov 2020
  • 04 Nov 2020
    Listed for Sale Contact Agent
  • 01 Nov 2020
    Sold for $4,100,000
  • 03 Mar 2020
    Listed for Sale Contact Agent
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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.