53 Victoria AvenueAlbert Park VIC 3206
Property Details for 53 Victoria Ave, Albert Park
Last Listing description (November 2024)
Offering an exceptional opportunity with unrivalled positioning in the heart of Albert Park Village, this distinguished Victorian residence combines unmatched potential with compelling lifestyle appeal. With a second frontage and street access to Gatehouse Lane and a prominent position on Victoria Avenue, the property features a studio or shop on land of 200sqm*, along with an upper-level versatile dwelling. This unique setup opens doors to a range of possibilities, whether you envision transforming the entire space into a grand residence or capitalising on the existing layout by residing upstairs and leasing the lower level.The approximately 50sqm shop area, complemented by an updated kitchen, bathrooms, a private courtyard, double off-street parking and rear access to original stables, offers immediate functionality and ample scope for a bespoke extension (STCA). This prime real estate in NRZ1 zoning ensures a lucrative investment and a dynamic lifestyle in one of Melbournes most sought-after locales. Secure your foothold in Albert Parks vibrant community and capitalise on this impressive propertys limitless potential, metres from the beach, cafes, first-class restaurants, schools and city-bound transport. *approximate land size
Property History for 53 Victoria Ave, Albert Park, VIC 3206
- 01 Nov 2024Sold for $2,420,000
- 21 Aug 2024Listed for Sale Expressions of Interest
- 17 Jan 2023Listed for Rent - Price not available
Recent sales nearby
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0About 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 3,646 properties. Over the last 5 years, Houses in Albert Park have seen a 16.33% increase in median value, while Units have seen a 3.64% increase. As at 31 December 2025:
- The median value for Houses in Albert Park is $2,454,155 while the median value for Units is $885,928.
- Houses have a median rent of $983 while Units have a median rent of $628.
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