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Location

Market Insights for Albert Park VIC 3206

New Listings (last 30 days)

Average price

$3,657,391

Lowest price

$1,000,000

Highest price

$11,250,000

55 Merton Street, Albert Park VIC 3206

$2,500,000 - $2,750,000

Search Band

$2.5M - $2.75M High Confidence Calculated based on strong search observations.

House 3 beds 1 bath 1 car

Listed: 5 days ago

Overview

Offered for sale by Expressions of Interest closing on Monday 26th October at 3pm, this meticulously renovated solid-brick Victorian terrace is superbly positioned on the edge of Albert Park Village. The property blends architectural excellence and sophisticated lifestyle appeal, featuring interiors designed by architect Adam Kane. Its private north-east courtyard delivers an inviting outdoor space, complemented by the convenience of off-street parking accessed via O’Grady Street.

The home retains the original grand archway hall, elegantly elevated by engineered oak floors and custom-designed wall paneling. This thoughtful design lends a sense of grandeur while harmonising with modern enhancements that include a gourmet kitchen with integrated refrigeration and a Miele appliance suite, all seamlessly opening through sliding glass doors to the serene courtyard. The dual vanity ensuite and a double glazed heating and cooling system contribute to the comfort and functionality of the residence, making it an ideal choice for buyers prioritising quality craftsmanship, smart living, and alfresco entertaining.

A natural light-filled orientation brightens the interior spaces, where the seamless flow between indoor and outdoor areas underlines its appeal to professionals, downsizers, or couples seeking a stylish home close to vibrant cafés, shops, and the tranquil beach precinct. The 100% wool carpet and excellent storage solutions reflect attention to detail, enhancing the overall liveability of this prime Albert Park offering.

Local Market Insights

In Albert Park, Quiet Listings observed 23 new houses entering the market over the last 30 days, up from 21 during the previous 30-day period, with an average advertised asking price of $3,657,391. The property type mix of listed properties is predominantly Houses at 70%, followed by apartments (15%), and commercial properties (15%). The most active agency for houses in the Albert Park area is currently Jellis Craig, representing 52% of new listings, followed by Marshall White with 30%. 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.