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

88 Richardson Street
Albert Park VIC 3206

Bedrooms: 4
Bathrooms: 3
Car spaces: 1
Floor area: 296m2
Land area: 204m2
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Property Details for 88 Richardson St, Albert Park

88 Richardson St, Albert Park is a 4 bedroom, 3 bathroom House with 1 parking spaces and was built in 1890. The property has a land size of 204m2 and floor size of 296m2. While the property is not currently for sale or for rent, it was last transferred in July 2020.

Building Type
House
Year Built
1890
Floor Size
296m2
Land Size
204m2
Local Government
Port Phillip
Lot/Plan
2/TP256056

Last Listing description (February 2013)

Expressions Of Interest - PRIME OFFICES OR STATELY MANSION IN LOCATION HEAVEN
- Occupy or invest
- 306sqm (approx)

- Business 1 zone
- Suit post production, professional offices, dual use
- 11 rooms + storage + garage
Expressions Of Interest - Closes 24th April 2012
Just a stroll to thriving Victoria Avenue, this majestic, Victorian terrace is currently configured as quality, well appointed offices, while the opportunity to reinstate a signature residence of the area sings loud. At present the beautiful building houses 9 offices, a boardroom, tea room, two toilets, a bathroom, expansive balcony, a top level paved courtyard and a single lock up garage with side access to Gatehouse Street. All areas are serviced by reverse cycle air conditioning. The interior of the building is blessed with a wealth of period features such as marble fire places, Baltic pine flooring, 14 foot ceilings, leadlight, a wonderful cascading staircase plus more. A resounding investment in commercial office space is immediately available while the spectacular location and period feature significance would fire the imagination of architect and home owner alike for a residential home. A resounding investment in commercial office space now, or a spectacular opportunity for a residential masterpiece.
Agents in Conjunction: Buxton Real Estate - Karl Gillon 0411 746 746
IMPORTANT NOTE:
All prices, rents and outgoings are quoted exclusive of GST. The Purchaser, Tenant or Occupant will be liable to pay the GST if applicable. An interested party is at all times responsible to ensure that the property inspected is suitable for their purposes and should note that the nominated area measurements are approximate and should not be relied upon. Area calculations may vary substantially, depending upon the basis of measurement. A Net Lettable Area is often smaller than a Title measurement. The Agent does not warrant that any area is correct and will not take any responsibility for area calculations, provided by a third party. The Agent recommends that a Purchaser, Tenant or Occupant have an area measurement certified by a surveyor if they wish to rely upon it.

Property History for 88 Richardson St, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Transferred
18 Jul 2020
  • 18 Jul 2020
    Transferred
  • 01 Oct 2016
    Listed for Sale PRICE ON APPLICATION
  • 29 Apr 2013
    Sold for $2,050,000
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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.