123/1-29 Albert RoadMelbourne VIC 3004
Property Details for 123/1-29 Albert Rd, Melbourne
123/1-29 Albert Rd, Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1964. The property has a land size of 3569m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in October 2018.
Last Listing description (September 2017)
Located within Melbourne's finest residential development apposite the Royal Botanic Gardens and Albert Park, this two bedroom freshly painted balcony apartment is perfectly located on the 12th level allowing for sweeping panoramic views of the Shrine, Botanic Gardens and the city. Comprising lounge/dining opening onto balcony, entertainers kitchen with newly purchased 'Asko' dishwasher, generous main bedroom with walk in robe and stylish ensuite, second bedroom with built in robes, central bathroom with bath. Other features of this much sought after apartment include heating/cooling, 2 secure car spaces and storage cage. Residents also enjoy the exclusive use of lap pool, gym, steam room, sauna, residents lounge and concierge.
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Property History for 123/1-29 Albert Rd, Melbourne, VIC 3004
- 07 Oct 2018Sold for $1,725,000
- 27 Jul 2017Listed for Rent $750 / week
- 04 Nov 2014Listed for Rent $775 / week
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About Melbourne 3004
The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% of total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.
Melbourne has 13,705 properties. Over the last 5 years, Houses in Melbourne have seen a 44.58% increase in median value, while Units have seen a -0.58% decrease. As at 31 December 2025:
- The median value for Houses in Melbourne is $2,829,947 while the median value for Units is $662,478.
- Houses have a median rent of $625 while Units have a median rent of $650.
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