5a Madden St, Albert Park is a 3 bedroom, 2 bathroom House and was built in 1890. The property has a land size of 153m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Albert Park in the last 12 months.
Exceptionally designed and enviably placed, this inspired residence brings architectural indulgence and quality to a prized location in the heart of Albert Park Village. Nestled within a quiet and exclusive street yet celebrating an effortless indoor-outdoor lifestyle synonymous with its surroundings, it's a sublime and unmatched base for carefree contemporary living.
Beyond the charming facade and irrigated gardens, the home's contemporary class flows throughout the refined open-plan interior, underpinned by high ornate ceilings and hardwood timber floors. Separate living areas flank the central kitchen, where sleek Corian benchtops host stainless-steel cooking appliances perfectly equipped for everyday living and entertaining. An ambient open fireplace sets the tone for winter nights in the living zone, whilst bi-fold glass doors extend outside to the brilliantly private paved terrace, ideal for summer alfresco dining and relaxed, balmy evenings. Brilliant natural light defines an excellent bedroom layout upstairs, with three bedrooms, including the main suite with built-in and walk-in robes, a private ensuite and glistening city scenes from its northern viewpoint.
Wonderfully appointed, it includes hydronic heating, ducted AC (upstairs), plantation shutters, a powder room, European laundry, attic storage and an alarm system. Experience unmatched convenience right at your doorstep, with South Melbourne Market, MSAC, Albert Park Lake, excellent schools, the beach, charming cafes and first-class restaurants just a short stroll from your front door.
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:
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