1/198 Kerferd Rd, Albert Park is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1930. The property has a land size of 319m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
A home like no other and just metres from the beach, this captivating, 3 bedroom, first floor / top floor, Art Deco apartment is one of only two. Remarkably, the home combines a lofty, New York-style sense of proportion with its original heritage, water views, city views and the added bonus of a modern, fully self-contained studio that sits above the garage.
Rich in traditional character with dark timber floors, original windows, picture rails and fine ceiling detail, the home flows to a rear kitchen / meals and a sunny deck with views to the city skyline. A semi-attached formal dining also flows to a large lounge at the front of the home with another balcony that overlooks the Kerferd Road pier and the waters of Port Phillip Bay. Renovated to offer a third outdoor living area, a clever staircase leads to a brilliant rooftop where a terrace is also sundrenched with more views of the bay.
The bedrooms are each spacious in the style of period homes one with an ensuite, another with robes and the third with a fire place. Meanwhile, the rear garage is a rare treat that opens up a number of possible usage scenarios with a bathroom and an upstairs studio with a kitchenette.
The size of Albert Park is approximately 2.8 square kilometres. It has 10 parks covering nearly 55.1% of total area. The population of Albert Park in 2016 was 6215 people. By 2021 the population was 6044 showing a population decline of 2.8% in the area during that time. The predominant age group in Albert Park is 50-59 years. Households in Albert Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Albert Park work in a professional occupation.In 2021, 60.80% of the homes in Albert Park were owner-occupied compared with 58.90% in 2016.
Albert Park has 3,646 properties. Over the last 5 years, Houses in Albert Park have seen a 10.25% increase in median value, while Units have seen a -7.58% decrease. As at 31 March 2026:
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