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321 Young Street, Fitzroy VIC 3065

$1,090,000 – $1,190,000

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$1.09M - $1.14M Transparent Transparent Listing Based on an openly advertised listing price.

Townhouse 2 Beds 1 Bath 1 Car

Listed: 5th Aug 2026

Updated: 11 hours ago

Overview

This distinctive townhouse on Fitzroy’s celebrated Young Street offers an exceptional blend of spaciousness, privacy, and urban convenience. Nestled in one of Melbourne’s most culturally vibrant neighborhoods, this refined home stands apart by providing a rare sense of tranquility amidst the energetic backdrop of the city.

The home's generously proportioned interiors, illuminated by natural light, create an inviting and airy atmosphere that is increasingly hard to find in this sought-after area. Instead of the typical compact design common in the locale, this residence balances openness with cosy liveability.

At the heart of the property lies a private courtyard, a serene outdoor retreat that effectively extends the living space. This secluded garden is ideal for quiet morning coffee moments or intimate evening gatherings under the stars, offering a peaceful escape from the city’s hustle without leaving the home.

The location further enhances the appeal by placing world-class dining, unique galleries, boutique coffee roasters, and charming tree-lined streets just moments away. Key landmarks including Brunswick Street, Smith Street, and the Royal Exhibition Building are easily accessible, ensuring that residents can enjoy the best of Fitzroy’s cultural and social offerings.

This home will attract those who value a unique blend of character and calm within a thriving urban environment, particularly appealing to professionals or small families seeking a sophisticated inner-city lifestyle without compromise.

Local Market Insights

In Fitzroy, Quiet Listings observed 3 new townhouses entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $2,230,000. The property type mix of listed properties is predominantly Apartments at 59%, followed by houses (14%), and townhouses (14%). The most active agency for townhouses in the Fitzroy area is currently Jellis Craig, representing 33% of new listings, followed by Realco Agents with 33%. 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.