316 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

316 Albert Road
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 218m2
Land area: 198m2
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Property Details for 316 Albert Rd, South Melbourne

316 Albert Rd, South Melbourne is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1890. The property has a land size of 198m2 and floor size of 218m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1890
Floor Size
218m2
Land Size
198m2
Local Government
Port Phillip
Lot/Plan
1A/SP24764

Last Listing description (November 2022)

Commanding a premier position opposite Albert Park Lake with dual frontages to Bridport Street, this prized Victorian terrace with a deep north garden provides generous space and exceptional family function that caters impeccably to every modern requirement for flexible living.

Exceptional light captivates the interior at every angle, with impressively high ceilings and a central glass atrium illuminating the three large living areas, including the formal lounge and open-plan domain at the rear. Victorian features blend seamlessly with modernised touches throughout, with a well-equipped granite-bench kitchen and wall of timber bi-folds extending to the northern entertainer's terrace, sheltered by a remote awning for all-season enjoyment.


Utilise the private internal lift or ascend the stairs to access the accommodation wing, where a balconied main bedroom with ensuite and built-in robes is connected to the two additional bedrooms and main bathroom via a mezzanine hallway.

Enjoying incomparable lifestyle appeal directly opposite Albert Park Lake, MSAC, golf course and within walking distance to the South Melbourne market, elite schools, Botanic Gardens and local beaches, with easy tram access to Melbourne CBD. This modern home includes ducted heating and cooling, a powder room, full laundry, alarm, garden irrigation, ample storage and off street parking beyond auto gates at the rear.

Property History for 316 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$3,140,000
15 Oct 2022
  • 15 Oct 2022
    Sold for $3,140,000
  • 21 Sep 2022
    Listed for Sale Auction Saturday 15th October, 1:00pm
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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 12,877 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.14% increase in median value, while Units have seen a 6.21% increase. As at 31 December 2025:

  • The median value for Houses in South Melbourne is $1,743,660 while the median value for Units is $637,243.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 34 properties listed for sale, and 32 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 478 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.