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Location

Market Insights for Fitzroy VIC 3065

New Listings (last 30 days)

Average price

$861,875

Lowest price

$320,000

Highest price

$1,895,000

507/421 Smith Street, Fitzroy VIC 3065

$1,050,000 - $1,150,000

Search Band

$1.05M - $1.1M Transparent Based on an openly advertised listing price.

Apartment 2 beds 2 baths 1 car

Listed: 3rd Aug 2026

Updated: 38 minutes ago

Overview

This boutique apartment offers a refined living experience in one of Fitzroy's most acclaimed locations, celebrated for its dynamic and vibrant urban culture. Set within the architecturally distinctive DKO-designed building, the residence harmonises classic heritage with contemporary design through its striking red brick façade and white cast concrete structure, presenting a timeless and sophisticated aesthetic.

Residents will benefit from a carefully curated lifestyle, with planned amenities including a food providore, café, and a private residents' club located on the ground floor. Additionally, a rooftop garden creates an exclusive outdoor retreat, perfect for relaxation and socialising amidst the cityscape.

The apartment's layout features two bedrooms and two bathrooms, accompanied by secure parking, catering to professionals or small households seeking both comfort and practicality. The setting on Smith Street, famously dubbed the "world's coolest street" by Time Magazine, places cultural and culinary attractions within easy reach, enhancing the appeal for those valuing convenience and a vibrant neighbourhood atmosphere.

Architecturally significant heritage building with modern enhancements
Exclusive residents' amenities including café and rooftop garden
Well-appointed two-bedroom, two-bathroom apartment with secure parking
Prime location in the heart of Fitzroy's lively and artistic precinct

This residence is particularly suited to buyers looking for a blend of sophisticated inner-city lifestyle and high-quality craftsmanship in a serene yet energetic urban enclave.

Local Market Insights

In Fitzroy, Quiet Listings observed 8 new apartments entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $861,875. The property type mix of listed properties is predominantly Apartments at 38%, followed by houses (33%), and townhouses (14%). The most active agency for apartments in the Fitzroy area is currently Nelson Alexander, representing 38% of new listings, followed by Jellis Craig with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.