5 Reed St, Albert Park is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 142m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in May 2016.
The imaginative approach that always defines a Nicholas Murray Architects property is the signature of this exceptional c2015 residence, designed, overseen and personally lived in by the architect, built with care and quality by Hansen Living. Solid USA oak floors complement superb downstairs spaces including a versatile lounge, clever study zone and a living/dining domain that s loaded with natural light and served by a Miele induction equipped kitchen featuring stone surfaces and a butler s pantry. Above, arranged around a central staircase with a dual function as an effective atrium, three bedrooms and two bathrooms include a main bedroom where walk in robes, a stunning ensuite and sea breezes from the balcony add to the allure. Natural materials, first class finishes, LED lighting, high ceilings (approx. 3m) zoned integrated heating/cooling, 6.5 star energy rating and a north facing rear courtyard that accommodates off street parking lead the extensive list of additional advantages that make this fresh, forward looking home of some 20sq s so appealing. Walk to Albert Park College, Victoria Avenue and the beach all in a matter of moments.
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 3,648 properties. Over the last 5 years, Houses in Albert Park have seen a 16.34% increase in median value, while Units have seen a -0.68% decrease. As at 31 January 2026:
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