SOLD
Sold on 16 Mar 2024 for $3,750,000

82 Kerferd Road
Albert Park VIC 3206

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 88m2
Land area: 390m2
Sold By
Jellis Craig Port Phillip
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Property Details for 82 Kerferd Rd, Albert Park

82 Kerferd Rd, Albert Park is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 390m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom Unit sold in Albert Park in the last 12 months.

Building Type
Unit
Floor Size
88m2
Land Size
390m2
Local Government
Port Phillip
Lot/Plan
1/TP181192

Last Listing description (April 2024)

Unveiling a refined expression of elegance and boundless potential, this unique corner allotment, steeped in history as the birthplace of Vegemite, now features two residences on a grand title of approximately 390sqm to be sold as a whole.

Boasting dual frontages along Kerferd Road and Merton Streets with garaging for two, this property, long held by the same owner for over four decades, presents an exceptional opportunity for savvy investors and forward-thinking homebuyers in an enviable location, walking distance to the beach, Albert Park Village, and Albert Park Lake.

Each home exudes charm and warmth, complemented by unique architectural details and hardwood floors, with superb interiors welcoming formal living (OFP), separate dining rooms, and vintage yet functional kitchens. Two upper-floor bedrooms and a bathroom in each offer enormous proportions, with the rear residence boasting a leafy balcony that welcomes a sea breeze.

Offering two frontages and shared rear courtyard complete with garaging for two cars, the appeal is as practical as it is aesthetic. Your imagination will ignite with the scope to merge these solid Art Deco structures into one grand residence (STCA) or cherish them as separate entities that promise a carefree living experience and a savvy investment.

With tram and light rail links at your doorstep and proximity to MSAC, renowned schools, and the delights of South Melbourne Market nearby, these dual-level homes are a rare find, representing an impressive lifestyle choice in a genuinely unbeatable location.

Property History for 82 Kerferd Rd, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$3,750,000
16 Mar 2024
  • 16 Mar 2024
    Sold for $3,750,000
  • 20 Feb 2024
    Listed for Sale Auction Saturday 16th March, 1:00pm

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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.
There are currently 6 properties listed for sale, and 1 property listed for rent in Albert park on OnTheHouse. According to CoreLogic's data, 137 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.