51/1 Albert Road, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
OFF MARKET

51/1 Albert Road
Melbourne VIC 3004

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 12 Jan 2026
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Property Details for 51/1 Albert Rd, Melbourne

51/1 Albert Rd, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964.

Building Type
Unit
Year Built
1964
Local Government
Port Phillip

Last Listing description (July 2020)

**Due to Government requirements open inspection numbers are limited. Please ensure that you register your intention to attend the open for inspection . Please note: Each individual that is planning to inspect the property is required to register. Inspections may not proceed if there are no registrations so booking is essential.**Situated in one of Melbourne's most prestigious residential towers, this one bedroom fully furnished apartment has been renovated to exacting standards and offers the very best of luxury living Melbourne has to offer. Perfectly positioned between the Royal Botanic Gardens and Albert Park, this stylish apartment offers spacious and open plan living options, a stunning bespoke kitchen showcasing the very best of European appliances, hotel-style bedroom, and European laundry. Other features of this sublime apartment include ducted heating and cooling, exquisite wooden flooring and secure basement parking. Residents also enjoy exclusive use of 5-star facilities including a lap pool, fully equipped gym, sauna, and steam room and a fabulous sun deck and residents lounge. Located only moments away from the heart of the city, the Botanical Gardens, dining & shopping. **If this property is of interest to you, please ensure that you register your interest by clicking on the ‘EMAIL AGENT’ button so that you are kept up to date with inspections, price changes and similar properties that may be suitable. We assure you that your details remain confidential and are only used for the purpose of securing you a property. https://kayburton.com.au/privacy-policy **

Property History for 51/1 Albert Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Listed for Rent
$650/w
06 Jul 2020
  • 16 Mar 2020
    Listed for Rent $650 / 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 13,706 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.
There are currently 64 properties listed for sale, and 56 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 662 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.