116 Richardson Street, Albert Park, VIC 3206 | Property Value & History | OnTheHouse
OFF MARKET

116 Richardson Street
Albert Park VIC 3206

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 159m2
Land area: 273m2
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Property Details for 116 Richardson St, Albert Park

116 Richardson St, Albert Park is a 4 bedroom, 2 bathroom House and was built in 1900. The property has a land size of 273m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
House
Year Built
1900
Floor Size
159m2
Land Size
273m2
Local Government
Port Phillip
Lot/Plan
62~43U/PP3084D

Last Listing description (June 2026)

Rich in history, character and possibility, this remarkable freestanding Victorian is the kind of Albert Park residence that rarely becomes available. Occupying a prized corner position just moments from the beach, the home combines grand period proportions with a warmth and authenticity that only time can create.

From the moment you arrive, the ornate faade, iron lacework and imposing presence set the tone for what lies within soaring ceilings, arched hallways, marble fireplaces and beautifully preserved Victorian details that speak to the homes heritage and enduring appeal.

Designed for flexible family living, the expansive floorplan offers multiple living and entertaining spaces, generous accommodation, abundant natural light and a seamless connection to the private outdoor areas.

Positioned within walking distance of the foreshore, Victoria Avenue cafs and restaurants, parks, schools and city-bound transport, this is a rare offering that delivers lifestyle, prestige and future potential in equal measure.

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Property History for 116 Richardson St, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$2,720,000
01 Jul 2016
Listed for Rent
$1.35k/w
14 Mar 2023
  • 30 May 2026
    Listed for Rent $1,600 / week
  • 23 Jan 2023
    Listed for Rent - Price not available
  • 15 Sep 2021
    Listed for Rent - Price not available
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About Albert Park 3206

The size of Albert Park is approximately 2.8 square kilometres. There are 10 parks, covering nearly 55.1% of the 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 3,640 properties. Over the last 5 years, Houses in Albert Park have seen a 11.08% increase in median value, while Units have seen a -5.75% decrease. As at 30 April 2026:

  • The median value for Houses in Albert Park is $2,383,848 while the median value for Units is $819,276.
  • Houses have a median rent of $1,000 while Units have a median rent of $628.
There are currently 1 property listed for sale, and 2 properties listed for rent in Albert park on OnTheHouse. According to Cotality's data, 183 properties were sold in the past 12 months in Albert park.

Suburb Insights for Albert Park 3206

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.