32 Young St, Albert Park is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1880. The property has a land size of 137m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in Albert Park in the last 12 months.
Behind a picturesque Victorian faade, a remarkable contemporary transformation reveals north-facing living across two beautifully considered levels, delivering light, privacy and a sense of ease in a prized Albert Park address just steps from trams, MSAC, the beach and village cafs.A wide entrance hall introduces leadlight windows and ornate ceiling roses, setting a refined first impression before the home opens to generous proportions and exceptional natural light. Designed for connection and entertaining, the open-plan living and dining zone is warmed by a gas fireplace and extends to a paved courtyard with a retractable awning and a built-in barbecue, creating year-round outdoor enjoyment. The kitchen continues this focus on hosting, appointed with premium Miele appliances, a wine fridge and waterfall stone benches. Perfect zoning places the ground-floor main bedroom in a private position, complete with a walk-in robe, home office space and a designer ensuite with dual rain shower.Upstairs, two further bedrooms with built-in robes are served by a central bathroom with double vanity and bath, while a mezzanine living room with skylights and integrated storage offers flexibility for work, study or relaxed downtime. Additional highlights include a well-appointed laundry, excellent storage, electric skylight blinds and four heating and cooling split systems. Within walking distance of Albert Park Lake, South Melbourne Market, city-bound trams and the light rail, plus a choice of leading local schools, including Middle Park Primary and Albert Park College, the setting supports a connected, effortless lifestyle in a hard-to-beat position.
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:
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