40 Richardson Street, Albert Park, VIC 3206 | Property Value & History | OnTheHouse
OFF MARKET

40 Richardson Street
Albert Park VIC 3206

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 108m2
Land area: 185m2
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Property Details for 40 Richardson St, Albert Park

40 Richardson St, Albert Park is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1890. The property has a land size of 185m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1890
Floor Size
108m2
Land Size
185m2
Local Government
Port Phillip
Lot/Plan
2/TP755668

Last Listing description (August 2022)

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An irresistible faade with enviable street presence complements the immediate appeal of this delightful 3 bedroom home. Its easy maintenance layout and great beachside setting that's convenient to all nearby amenities. The property combines practicality with style and features plenty of original period details, modern additions plus a great-sized garden for entertaining and off-street parking. Ideally positioned within footsteps to Albert Park Village with local cafes, shopping and trams, Gasworks Arts park and the Beach. Inviting interiors include traditional high ceilings, arched hallway and three generous bedrooms, light-filled rear extension incorporating a well appointed kitchen with stainless steel appliances, living and dining domain with gas heater, bathroom, laundry and great rear access via Barrett Lane. Superbly positioned close to St Vincent's Gardens, Albert Park Village, Gasworks Arts Park, MSAC, Albert Park Lake, beach and transport.

PLEASE NOTE: Property availability is subject to change without notice.

Contact: Kim Menzies 9699 5999

Property History for 40 Richardson St, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$1,885,000
28 Nov 2020
Listed for Rent
$625/w
08 Aug 2022
  • 20 Jun 2022
    Listed for Rent $625 / week
  • 12 Mar 2021
    Listed for Rent $700 / week
  • 28 Nov 2020
    Sold for $1,885,000
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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.