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

31 Merton Street
Albert Park VIC 3206

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 201m2
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Property Details for 31 Merton St, Albert Park

31 Merton St, Albert Park is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 201m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Land Size
201m2
Local Government
Port Phillip
Lot/Plan
1/TP532308

Last Listing description (July 2023)

Reimagined and lived in by the renowned Australian modernist architect Charles Duncan, this two-storey Victorian terrace intertwines the romance of century-old elegance with the ingenuity of modernist form and functionality, presenting a rare opportunity to encounter a home that transcends two vastly contrasting yet equally iconic architectural eras in the heart of Albert Park.

Emphasising the hallmark horizontal line of modernist design, floating timber bulkheads with pelmet lighting transform the lofty mood of high-ceilinged rooms into intimate spaces infused with visual highlights. An open fireplace in both the living room and the dining room provides an indulgent ambience when entertaining, and the dine-in kitchen with a stainless steel gas stove, captivates with its earthen paved flooring, unifying the indoor and outdoor areas with seamless integration.

Ensuring the full potential of every area, the first floor hosts the accommodation with separate bathroom facilities and three bedrooms with custom built-in storage, including the main bedroom with an exclusive, fitted study and a balcony enjoying treetop and neighbourhood views, whilst the understairs storage extends into the well-lit crawl space, previously used as a cellar for seventy-dozen bottles of wine.

Exceptional in every way, this is an outstanding opportunity enhanced by the esteemed lifestyle on the edge of Albert Park Village, only a short walk to St Vincent Gardens, MSAC, the city-bound light rail, and excellent schools,
and is complete in offering secure covered parking with ROW access, a second WC, laundry, ceiling fans, and individual room heating to the living/dining and kitchen.

Property History for 31 Merton St, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$3,050,000
02 Jun 2023
Listed for Rent
$850/w
01 Jul 2014
  • 02 Jun 2023
    Sold for $3,050,000
  • 12 Apr 2023
    Listed for Sale Contact Agent
  • 15 Jun 2014
    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. 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.