101/128 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

101/128 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 2675m2
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Property Details for 101/128 Albert Rd, South Melbourne

101/128 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 2675m2 and floor size of 77m2.

Building Type
Unit
Year Built
2013
Floor Size
77m2
Land Size
2675m2
Local Government
Port Phillip
Lot/Plan
S5/PS814764

Last Listing description (November 2019)

Fitzroys is delighted to offer a number of outstanding retail spaces for lease at Australian Unitys soon to be completed retirement community development at The Grace, Albert Park.

Stage one of two - The Grace will deliver an 18-level residential tower comprising 79 purpose-designed apartments for retirement living, providing for a mix of one, two and three bedroom independent living apartments and a penthouse based on Australian Unitys design philosophy and wellbeing principles.


The second stage of the precinct will comprise aged and accommodation services, to commence following completion of The Grace, Albert Park.

Key features of stage one include the following:

Prominently positioned directly opposite Albert Park Lake
Multiple opportunities suitable for a range of uses including retail, service, hospitality and medical
Flexible tenancies ranging in size from approximately* 76m - 122m with the ability to combine tenancies through stage one and two
Fully serviced opportunities
Situated within South Melbournes diverse commercial precinct, surrounded by a large contingent of office users and a thriving residential population
Architecturally designed building envelope by award winning architect Fender Kataslidis
Convenient access to the CBD and surrounding areas via tram, rail and road
Within walking distance to extensive amenity including Albert Park Lake, MSAC, Clarendon Street retail precinct and the South Melbourne Market

For an Information Memorandum please email James Lockwood or Rick Berry.

Property History for 101/128 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
  • 04 Sep 2019
    Listed for Rent - Price not available
  • 06 Aug 2018
    Listed for Sale Contact Agent
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of total area. The population of South Melbourne in 2016 was 10920 people. By 2021 the population was 11548 showing a population growth of 5.8% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation.In 2021, 42.40% of the homes in South Melbourne were owner-occupied compared with 40.20% in 2016.

South Melbourne has 12,857 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 33 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 475 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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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.