24 Herbert Street, Albert Park, VIC 3206 | Property Value & History | OnTheHouse
OFF MARKET

24 Herbert Street
Albert Park VIC 3206

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Land area: 332m2
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Property Details for 24 Herbert St, Albert Park

24 Herbert St, Albert Park is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 332m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Land Size
332m2
Local Government
Port Phillip
Lot/Plan
1/PS345098

Last Listing description (October 2023)

Breathtaking in scale, unparalleled in luxury and showcasing the latest smart home technology, the awe-inspiring transformation of this iconic residence, once the Morris Bros Union Dairy, has resulted in an unprecedented home of artistic form and function. An unforgettable Art Deco facade is just the beginning, with unexpected light and space revealing an interior designed for lavish entertaining and relaxation, spilling to the outdoors for peerless alfresco living.

Soaring ceilings and intelligent light play define the interior, characterised by steel-framed windows and doors, custom joinery and bespoke designer finishes. A refined sitting room with a gas fireplace flows seamlessly into the formal dining area with a built-in bar before stepping into the palatial family domain with full-height steel-framed glass opening to the rear terrace. A fabulous undercover alfresco dining zone with a BBQ kitchen, dishwasher, outdoor speakers, and bench seating around a firepit allows for inclusive entertaining, emphasised by an outdoor powder room and ROW access.

The remarkably streamlined Poppenpohl German-made luxury kitchen is state-of-the-art, catering with ease to any occasion with bi-fold servery windows, integrated Miele fridge and freezer, wine cave, marble benches, Zip Tap, Miele cooking appliances, and butler's pantry. Step up to a magnificent main bedroom with a north-facing balcony, deluxe dressing room and opulent designer ensuite, headlining the superb accommodation with two additional robed bedrooms with an adjoining balcony, a deluxe family bathroom and a dedicated home office/potential fourth bedroom with fitted storage.

A 400-bottle wine display cellar and three-car garage feature within the basement, whilst first-class appointments include reverse cycle heating and cooling, CBUS home automation, underfloor heating in the bathrooms and powder room, high ceilings, additional off-street parking, CCTV and an alarm system. Positioned to enjoy all Albert Park offers, it is just a short walk to the beach, MSAC, Albert Park Lake and Village, and is zoned for Middle Park Primary School and Albert Park College.

Property History for 24 Herbert St, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$7,510,000
03 Oct 2023
Listed for Rent
$365/w
11 Mar 2021
  • 03 Oct 2023
    Sold for $7,510,000
  • 08 Aug 2023
    Listed for Sale Expressions of Interest
  • 05 Aug 2017
    Sold for $5,000,000
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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, 168 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.