23 Merton Street, Albert Park, VIC 3206 sold on 06 September 2025 | OnTheHouse
SOLD
Sold on 06 Sep 2025 for $2,560,000

23 Merton Street
Albert Park VIC 3206

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Land area: 191m2
Sold By
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The Agency - Albert Park
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Property Details for 23 Merton St, Albert Park

23 Merton St, Albert Park is a 5 bedroom, 2 bathroom House. The property has a land size of 191m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 5 bedroom House sold in Albert Park in the last 12 months.

Building Type
House
Land Size
191m2
Local Government
Port Phillip
Lot/Plan
1/TP251120

Last Listing description (October 2025)

Set on a prized corner block and held in the same family since 1968, this classic Victorian Terrace residence offers a rare opportunity to create something truly special in one of Melbourne's most tightly held suburbs. Lovingly occupied until the mid-90s, the home holds decades of memories and now presents an exciting chance for the next chapter to begin.

Believed to date back to the late 1800s, 23 Merton Street is part of Albert Park's rich architectural heritage. Surrounded by beautifully restored period homes, it retains all the hallmarks of the era from its elegant brick faade and fire places to its deep block and high ceilings.

The location is truly one of its strongest assets. Just a short approximately 80-metre walk to Albert Park Village, with its cafs, shops and day-to-day amenities, this home sits right in the heart of local life. Public transport is effortless, with the Route 1 Tram only approximately110 metres away and the Route 96 Light Rail also close by. The beach isn't too far either - an easy approximately 900-metre stroll for morning walks or summer swims.

Also within walking distance are some of Melbourne's most iconic lifestyle destinations, including:
- St Vincent Gardens
- Albert Park Village
- Melbourne Sports and Aquatic Centre (MSAC)
- Albert Park Lake
- South Melbourne Market
- Albert Park Beach
- Gasworks Farmers Market
- Within the Albert Park College Zone

Dual street frontage on a prominent corner position, offering excellent accessibility and easy potential to create off-street parking (STCA).

This is a genuine renovator's opportunity. With its corner position and surrounded by quality homes, it promises to be a standout once fully renovated, offering plenty of space to design a home to enjoy and build lasting memories.

Property History for 23 Merton St, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$2,560,000
06 Sep 2025
  • 06 Sep 2025
    Sold for $2,560,000
  • 08 Aug 2025
    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 3,645 properties. Over the last 5 years, Houses in Albert Park have seen a 21.99% increase in median value, while Units have seen a 6.08% increase. As at 30 November 2025:

  • The median value for Houses in Albert Park is $2,474,592 while the median value for Units is $903,200.
  • Houses have a median rent of $920 while Units have a median rent of $625.
There are currently no properties listed for sale, and 1 property listed for rent in Albert park on OnTheHouse. According to Cotality's data, 163 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.