368 Albert RoadSouth Melbourne VIC 3205
Property Details for 368 Albert Rd, South Melbourne
368 Albert Rd, South Melbourne is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 293m2 and floor size of 223m2.This Property is currently listed for sale with Zed Real Estate
Last Listing description (February 2026)
Set back from the road in a quiet service lane, this freestanding, double-fronted brick residence offers a family lifestyle of rare scale and sophistication. Rebuilt by renowned local developer Nik Spartels as his own home, it showcases state-of-the-art design, impeccable craftsmanship and every modern luxury-positioned just moments from Albert Park Lake, the village cafs, and Howe Crescent. Behind meticulously tuck-pointed brickwork, a wide entrance hall with soaring ceilings, highlight windows and hardwood floors introduces a refined sitting room-equally suited as a fifth bedroom, media room or home office. The ground floor also hosts a serene main bedroom with walk-in robe and ensuite, alongside a third bedroom and a beautifully appointed family bathroom.
A floating timber staircase-an engineering statement-leads to the upper level where two expansive bedrooms, each with exceptional storage, share a luxurious bathroom. The vast, light-filled open-plan living and dining zone is the heart of the home, enhanced by designer lighting and a superbly appointed kitchen featuring an extra-wide Smeg oven, generous stone surfaces and a full walk-in butler's pantry with a second dishwasher. Bi-fold doors frame the home's sublime north-western aspect, opening to a private courtyard with extensive bluestone paving, a terraced outdoor kitchen with built-in BBQ, and an automated sun-louvre system that transforms the space into an all-weather entertaining haven.
Further highlights include an entire wall of cleverly integrated storage, off-street parking with rear-lane access via an auto roller door, and a purpose-built laundry of exceptional scale. Premium extras abound: CBUS wiring and smart-home automation, alarm and video intercom, hydronic heating, air conditioning, surround sound, remote blinds, and multiple solar-powered Velux windows. Positioned in an elite lifestyle pocket, the home is within easy reach of MSAC, city-bound trams, Albert Park Village, leading primary schools and Albert Park College.
Disclaimer: I acknowledge that this advertisement provides information as a guide only. Zed Real Estate does not verify the data and makes no claims regarding its accuracy. Buyers are to perform their own due diligence. Images and floor plans are to scale and created based on the photographer's best knowledge.
Property History for 368 Albert Rd, South Melbourne, VIC 3205
- 28 Nov 2025Listed for Sale $3,700,000 - $4,070,000
- 24 Jul 2024Listed for Sale Contact Agent
- 24 Apr 2023Listed for Sale $4,300,000
Recent sales nearby
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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 12,897 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.36% increase in median value, while Units have seen a 4.53% increase. As at 31 March 2026:
- The median value for Houses in South Melbourne is $1,708,851 while the median value for Units is $653,902.
- Houses have a median rent of $820 while Units have a median rent of $665.
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