4/37-39 Albert Road, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
OFF MARKET

4/37-39 Albert Road
Melbourne VIC 3004

Bedrooms: -
Bathrooms: -
Car spaces: 1
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Property Details for 4/37-39 Albert Rd, Melbourne

Building Type
Commercial
Local Government
Port Phillip
Lot/Plan
41/RP16140

Last Listing description (April 2026)

Modern Ground-Floor Office with Excellent Exposure Near St Kilda Road

Located moments from the highly regarded St Kilda Road business precinct, this contemporary two-level office offers an ideal combination of practicality and prime positioning. With polished timber flooring on the ground floor and comfortable carpeting upstairs, the space presents a professional, street-facing environment with excellent exposure.

Key Features:
Approximately 70sqm across two levels

Strong street presence to enhance visibility and client access
Secure basement car parking included
Surrounded by key landmarks including MSAC, Albert Park Lake and the Shrine of Remembrance
Convenient connectivity, with the new Anzac train station due to open in 2025
Abundant natural light with access to outdoor areas
Close to bike paths, landscaped gardens and popular cafs
Positioned within a premium residential setting, suitable for a variety of uses

Suitable For:
Professional or consulting suites
Creative studios or agencies
Beauty, health and wellness businesses
Medical or allied health services

For more details or to arrange an inspection, please contact Craig Corby on 0433 587 168.

Property History for 4/37-39 Albert Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Transferred
10 Jul 2020
  • 20 Jan 2026
    Listed for Rent $28,000 per annum
  • 19 May 2025
    Listed for Rent $28,000 per annum
  • 15 Mar 2022
    Listed for Rent - Price not available
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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 13,699 properties. Over the last 5 years, Houses in Melbourne have seen a -2.43% decrease in median value, while Units have seen a -0.76% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,558,796 while the median value for Units is $649,600.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 73 properties listed for sale, and 49 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 675 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3004

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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.