I'm currently assisting over 40 developers in finding development sites . Call me today for details!This high-value 905m² (approx.) property in Albert Park presents a rare dual opportunity-live in the original 3-bedroom home while securing approval for future development (STCC for up to 3 dwellings), or capitalize on its premium location by redeveloping now.Key Features:+ Original 3-bedroom home - Live in, rent out, or demolish (STCA)+ Spacious 905m² block with ~20m frontage - Ideal for subdivision+ Premium location - Facing a reserve, wide street, high-demand area+ 10 mins to Grange & Semaphore beaches | 15 mins to Adelaide CBD+ Walk to Hendon Shopping Centre | Short drive to West Lakes WestfieldDevelopment Potential:+ Potential for 3 dwellings (subject to council approval)+ Strong rental or resale demand in Albert Park+ Prime position near parks, beaches, and city accessWhether you're an investor, developer, or homeowner looking for future upside, this property offers flexibility
The size of Albert Park is approximately 0.9 square kilometres. It has 1 park. The population of Albert Park in 2016 was 1724 people. By 2021 the population was 1780 showing a population growth of 3.2% in the area during that time. The predominant age group in Albert Park is 30-39 years. Households in Albert Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albert Park work in a professional occupation.In 2021, 69.30% of the homes in Albert Park were owner-occupied compared with 65.80% in 2016.
Albert Park has 925 properties. Over the last 5 years, Houses in Albert Park have seen a 95.20% increase in median value, while Units have seen a 122.77% increase. As at 31 December 2025:
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