15 Merton Street, Albert Park, VIC 3206 | Property Value & History | OnTheHouse
OFF MARKET

15 Merton Street
Albert Park VIC 3206

Bedrooms: 5
Bathrooms: 3
Car spaces: 1
Land area: 279m2
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Last updated 19 Jan 2026
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Property Details for 15 Merton St, Albert Park

15 Merton St, Albert Park is a 5 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 279m2.

Building Type
House
Land Size
279m2
Local Government
Port Phillip

Last Listing description (March 2022)

Number 15 is arguably Albert Park's most unique property to hit the market.

Perfectly nestled between Albert Park Village's vast array of shops and restaurants and renowned St Vincent Gardens, the beach, trams, light rail and schools, this north-facing former commercial building with three street frontages has been painstakingly renovated as an Interior Designer's own home. A blend of lavish finishes, creative use of spaces and a tranquil garden and pool oasis provide an environment that caters to every conceivable family requirement with an innovative sense of style.


The multi-purpose entrance foyer introduces a clever home office or small business space to one side and to the other, you're greeted by the ultimate home bar that doubles as a fully functioning high-tech kitchen complete with stone benches, butler's pantry, Bosch appliances, and commercial grade fridges. From here, entertaining is a dream with fitted bar stools and expansive and evocative living and dining spaces boasting concrete ceiling, exposed beams and a bespoke mosaic marble mural of Flinders St Station that fills an entire wall. The living zone leads out to a private north-facing garden with heated pool and a seductive undercover al fresco dining area with heaters, built-in BBQ and seating. There is also space for off street parking if required. Upstairs are two very spacious bedrooms with desks, walk in robes and a fabulous cargo netted daybed in the ceiling, home theatre, gym with balcony and stylish bathroom. The luxuriously proportioned main bedroom, on its own level, includes an opulent designer bathroom, dressing room and north-facing balcony offering city views.

With its own separate entrance and keypad access is a gorgeous cottage ideal for guests, multi-generational family requirements, or as a proven AirBnb short stay gem. This cottage comprises a light-filled living/ dining with courtyard, sleek gourmet stone kitchen and generous bedroom with bespoke robes, ultra stylish ensuite and Euro-laundry.

Other features include video intercom, hydronic heating, zoned air-conditioning, powder-room, full laundry, large storeroom, cosy dog house and designer lighting. Excellent car access via Bevan Street.
Two properties in one, Number 15 is a once in a lifetime opportunity not to be missed.

Property History for 15 Merton St, Albert Park, VIC 3206

A timeline of how this property has performed in the market
  • 09 Feb 2022
    Listed for Sale Contact Agent
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About Albert Park 3206

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 16.33% increase in median value, while Units have seen a 3.64% increase. As at 31 December 2025:

  • The median value for Houses in Albert Park is $2,454,155 while the median value for Units is $885,928.
  • Houses have a median rent of $983 while Units have a median rent of $628.
There are currently no properties listed for sale, and 2 properties listed for rent in Albert park on OnTheHouse. According to Cotality's data, 170 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.