166 Mills Street, Albert Park, VIC 3206 | Property Value & History | OnTheHouse
OFF MARKET

166 Mills Street
Albert Park VIC 3206

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 214m2
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Property Details for 166 Mills St, Albert Park

166 Mills St, Albert Park is a 3 bedroom, 1 bathroom House. The property has a land size of 214m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
House
Land Size
214m2
Local Government
Port Phillip
Lot/Plan
2/LP40859

Last Listing description (November 2024)

Situated on 215sqm* and less than 100 metres from the beach in a prized wide street, this grand Victorian residence with an extra-wide frontage of 5.6m approx. offers scope for a transformative renovation or extension (STCA). With its bold Boom-era faade and north-west rear orientation, the homes vast proportions and solid brick construction provide an exceptional foundation for those with a vision to create something extraordinary. Soaring ceilings and a striking corbel arch define the wide hallway, introducing an expansive single-level three-bedroom plus study layout primed for modern updates while retaining its period charm and appeal. A generous central living room with gas heating flows to the spacious kitchen and meals area, bathroom and second bathroom/laundry, while the substantial rear garden affords endless possibilities for outdoor living, potential off-street parking, and even a future garage (STCA), accessible via the rear laneway. Positioned within walking distance to Armstrong Village, Albert Park Lake, Middle Park Primary School, Albert Park College, Victoria Avenues shops and dining options, #12 and #1 trams and the light rail, this home is perfectly poised for a stunning revival, presenting an unparalleled opportunity to craft your dream home in one of Melbournes most sought-after bayside locales.*approximate land size

Property History for 166 Mills St, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$2,020,000
14 Nov 2024
  • 14 Nov 2024
    Sold for $2,020,000
  • 23 Oct 2024
    Listed for Sale $1,750,000 - $1,850,000
  • 06 Nov 2017
    Transferred
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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 10.25% increase in median value, while Units have seen a -7.58% decrease. As at 31 March 2026:

  • The median value for Houses in Albert Park is $2,390,574 while the median value for Units is $829,844.
  • Houses have a median rent of $990 while Units have a median rent of $635.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Albert park on OnTheHouse. According to Cotality's data, 181 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.