258 Albert Road, South Melbourne, VIC 3205 sold on 29 March 2025 | OnTheHouse
SOLD
Sold on 29 Mar 2025 for $4,550,000

258 Albert Road
South Melbourne VIC 3205

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 339m2
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Property Details for 258 Albert Rd, South Melbourne

258 Albert Rd, South Melbourne is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 339m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 4 bedroom House sold in South Melbourne in the last 12 months.

Building Type
House
Land Size
339m2
Local Government
Port Phillip
Lot/Plan
2/LP46945

Last Listing description (October 2025)

Enviably positioned opposite Albert Park Lake, this deceptively spacious two-storey sanctuary effortlessly mixes refined period elegance with contemporary excellence to create a beautiful home that exceeds expectations. Benefitting from a coveted two car garage with rear access from Thomson Street, the incomparable residence is ideally nestled just moments from South Melbournes many delights and offers an effortlessly convenient inner-city lifestyle close to shops, restaurants and elite schools. Beyond the classic, lace-trimmed exterior of this picturesque red brick Edwardian, a wide entrance hall with soaring three metre ceilings introduces the generously proportioned spaces and timeless Stuart Rattle-designed interiors that are the hallmark of this stunningly renovated home. In the centre of the residence, a formal dining room with gas fireplace and walk-in temperature-controlled wine cellar is a stunning spot to entertain. It flows on to a breathtaking gourmet kitchen and living area which offers the ultimate in relaxed, light-filled living.The superbly-appointed kitchen will delight the keenest chefs with its Calacatta-topped island and benchtops, premium Miele and Gaggenau appliances and extensive cabinetry.Full-width sliding doors allow a seamless transition to the verdant private courtyard garden which was designed by the renowned Paul Bangay and is perfect for summer alfresco dining and entertaining. Upstairs, the tranquil master suite benefits from a marble ensuite, sauna, walk-in dressing room and access to a sunny terrace. Another bedroom on this floor is currently used as a spacious home office while a third bedroom downstairs with built-in robes is serviced by an opulent family bathroom with roll top bath.The fourth bedroom is a delightful surprise, hidden at the rear of the garden, and with its own kitchenette and ensuite makes the perfect teenage/parent/guest/au pair accommodation. Additional features include a powder room, laundry, under stairs storage, original floorboards, plantation shutters, decorative ceilings, heating and cooling and security bars, all adding to the amenity of this lifestyle prize. Enjoying incomparable lifestyle appeal near MSAC, Albert Park, Royal Botanic Gardens and local beaches, and with easy tram access to Melbournes CBD, this prized residence caters impeccably to every requirement for flexible living.

Property History for 258 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$4,550,000
29 Mar 2025
  • 29 Mar 2025
    Sold for $4,550,000
  • 23 Sep 2024
    Listed for Sale Sold: Undisclosed
  • 01 Jun 2009
    Sold for $2,750,000
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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 12,873 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:

  • The median value for Houses in South Melbourne is $1,744,641 while the median value for Units is $633,273.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 38 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 499 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Kay & Burton - South Yarra
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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.