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354 Albert Road Road, South Melbourne VIC 3205

EOI Closing 17 November 2026 At 1:00pm

Search Band Search Visibility Band

$8M - $8.5M Medium Confidence Calculated based on our search observations.

House 6 Beds 5 Baths 1 Car 621 m² 558 m²

Listed: yesterday

Overview

Set directly opposite Albert Park Lake, this grand Victorian Filigree terrace stands as a magnificent family legacy within one of Melbourne's most esteemed heritage streetscapes. The property's commanding presence on an approximate 621sqm allotment offers a unique opportunity for a luxurious family lifestyle enriched by the nearby parklands and water views.

Spanning approximately 558sqm across two stately levels, the residence impresses with its scale and architectural detailing. The six bedrooms and five and a half bathrooms provide ample space and privacy, accommodating larger families or those desiring generous living quarters. The variety of reception rooms, including multiple formal areas and dining spaces, facilitate both everyday living and grand-scale entertaining, all framed by elegant period fixtures and original ceilings.

The interior's north-facing garden and pool are perfectly positioned to capture natural light and support outdoor enjoyment, enhancing the property's appeal to those who value indoor/outdoor living and recreation. Prestigious upgrades such as a Calacatta marble kitchen and built-in BBQ seamlessly blend period charm with contemporary luxury.

Well-suited to families seeking a prestigious and expansive home with heritage significance, the property also offers excellent potential for luxury renovation or restoration. Close proximity to prominent schools, transport links, and the vibrant South Melbourne Market further enriches this offering, placing lifestyle and convenience at the doorstep.

Local Market Insights

In South Melbourne, Quiet Listings observed 14 new houses entering the market over the last 30 days, up from 10 during the previous 30-day period, with an average advertised asking price of $3,042,500. The property type mix of listed properties is predominantly Apartments at 55%, followed by houses (35%), and commercial properties (8%). The most active agency for houses in the South Melbourne area is currently Jellis Craig, representing 36% of new listings, followed by Marshall White with 29%. 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.