148 Nicholson Street, Fitzroy, VIC 3065 | House for sale | OnTheHouse
 
FOR SALE
$2,700,000 - $2,900,000

148 Nicholson Street
Fitzroy VIC 3065

Bedrooms: 4
Bathrooms: 3
Car spaces: -
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Sat 19 Sep 11:30 am
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A Grand Terrace with a Story to Tell

Occupying one of Nicholson Street's grandest terraces, this distinguished heritage residence captures the scale, character and enduring elegance of Fitzroy's Victorian architecture. Thoughtfully renovated and enviably positioned opposite Carlton Gardens, the home brings together generous proportions, intricate period detailing and established gardens, underpinned by a remarkable sense of history and a fascinating cultural past.
Beyond its commanding façade, generous formal living and dining spaces unfold beneath soaring ceilings, with polished timber floors and abundant natural light lending warmth and elegance throughout. Equally suited to intimate gatherings and larger-scale entertaining, the formal dining room also offers the flexibility of an additional bedroom. Double-glazed front windows provide an unexpected sense of calm, creating a peaceful interior adjacent to lively Nicholson Street.
At the heart of the residence, the architect-designed kitchen is anchored by an expansive stone-topped island and appointed with premium appliances, bespoke cabinetry and a custom window-seat daybed. Elsewhere on the ground floor, an impressive main bathroom pairs a wet-room-style shower with a freestanding tub, while a dedicated study nook with built-in desk and separate laundry bring considered functionality to the home's heritage proportions.
To the rear, a large deck immersed in established greenery creates a secluded inner-city retreat. Leafy outlooks and a mature fig tree lend the space an almost garden-room quality, providing welcome shade through summer and a tranquil setting for outdoor dining and entertaining.
The first floor is dedicated to three substantial bedrooms, led by a beautifully appointed primary suite with extensive fitted robes, built-in desk space, a sleek ensuite and private east-facing deck — a quiet vantage point from which to welcome the day. A spacious landing introduces further versatility, while the uppermost level reveals an additional retreat or bedroom, the home's third bathroom and considerable attic storage. A water tank and hydronic heating throughout complete the home's practical appointments.
Few addresses unite heritage presence, architectural pedigree and inner-city connectivity with such ease. Carlton Gardens and Melbourne Museum are virtually on the doorstep, while the cultural energy of Lygon Street is just 5–10 minutes away. Readings and Nova cinemas are close enough to leave home at the advertised screening time and be seated before the ads finish, while Brunswick, Gertrude, Smith and Johnston Streets are all within an easy stroll. With the 96 tram providing swift, direct access to the CBD, this is a residence deeply connected to the very best of Fitzroy, Carlton and the surrounding city.
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Property Details for 148 Nicholson St, Fitzroy

148 Nicholson St, Fitzroy is a 4 bedroom, 3 bathroom House. The place is currently for sale with Jellis Craig Fitzroy.

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About Fitzroy 3065

The size of Fitzroy is approximately 1.4 square kilometres. There are 8 parks, covering nearly 2.7% of the total area. The population of Fitzroy in 2016 was 10445 people. By 2021 the population was 10431 showing a population decline of 0.1% in the area during that time. The predominant age group in Fitzroy is 30-39 years. Households in Fitzroy are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Fitzroy work in a professional occupation.In 2021, 38.10% of the homes in Fitzroy were owner-occupied compared with 34.50% in 2016.

Fitzroy has 8,869 properties. Over the last 5 years, Houses in Fitzroy have seen a -7.49% decrease in median value, while Units have seen a 14.41% increase. As at 31 July 2026:

  • The median value for Houses in Fitzroy is $1,583,632 while the median value for Units is $829,374.
  • Houses have a median rent of $1,000 while Units have a median rent of $693.
There are currently 20 properties listed for sale, and 13 properties listed for rent in Fitzroy on OnTheHouse. According to Cotality's data, 344 properties were sold in the past 12 months in Fitzroy.

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David Sanguinedo
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Alicia Cannizzaro
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Jellis Craig Fitzroy
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