Back 172 Napier Street
Off Market

172 Napier Street

Fitzroy VIC 3065

4
2
House
Last sold for $1,330,000
Ripple WuRipple Wu, last sold this property on 07 August 2026 after 43 days on market.

Overview

A Landmark Fitzroy Holding with Boundless Potential

Positioned in one of Fitzroy's most tightly held and historically significant precincts, 172-176 Napier Street presents an extraordinarily rare opportunity to secure a substantial heritage holding with exceptional scope for transformation. Defined by its distinctive period façade and rich architectural character, this historic property now awaits its next chapter. Requiring a comprehensive renovation or complete redevelopment behind the retained heritage frontage (STCA), it offers an outstanding blank canvas for architects, developers and discerning owner-occupiers to create a truly remarkable inner-city residence. Opportunities of this calibre are becoming increasingly scarce. Whether your vision is an elegant heritage restoration, a sophisticated contemporary extension or a bespoke architectural masterpiece that respects the property's historic significance, the possibilities are both inspiring and enduring. Perfectly positioned just moments from the heart of Fitzroy, the property enjoys an enviable lifestyle setting surrounded by Melbourne's finest cafés, acclaimed restaurants, boutique shopping and renowned cultural attractions. Edinburgh Gardens, Carlton Gardens, Melbourne University, major hospitals and the CBD are all within easy reach, while excellent public transport provides seamless connectivity throughout the city. Set amongst some of Melbourne's most admired period homes, this blue-chip address offers the rare combination of heritage character, significant future potential and an unrivalled lifestyle location. A truly once-in-a-generation opportunity to create a landmark residence in one of Melbourne's most sought-after inner-city neighbourhoods. Highlights - Significant heritage property with retained period streetscape - Exceptional opportunity to renovate or redevelop behind the heritage façade (STCA) - Rare offering in one of Fitzroy's most tightly held locations - Moments from Brunswick Street, Smith Street and Melbourne CBD - Surrounded by cafés, restaurants, parklands, transport and leading education precincts - Outstanding opportunity for architects, developers and luxury home buyers alike - Offered across two separate titles, this exceptional opportunity provides the flexibility to purchase each title individually or secure the entire holding, creating a rare proposition in the heart of Fitzroy (STCA) - The property qualified for two street parking permits from the city council ----------------------------------------------------------------- Live Streaming via GAVL McGrath clients have the opportunity to watch, bid and buy on live property auctions. Register through www.gavl.com and follow the property link: https://x5u9a.app.goo.gl/HKzZS To be able to bid online, you must download the free GAVL App. Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent. We always recommend undertaking your own due diligence.

Features

4 bedrooms
2 bathrooms
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Fitzroy over the last 12 months, the estimated median property value of 172 Napier Street is $2m.

Median value
$2m
Estimated value range
$1.33m - $3.06m
Median days on market
38
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Fitzroy. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 172 Napier Street

2026
Sold
$1,330,000
07 Aug 2026 by Ripple Wu, of McGrath Box Hill

Happy sellers in Fitzroy

~%

We have insufficient information to provide an overview of customer satisfaction for Fitzroy. Viewing the agent profiles, reviews and sales for Fitzroy can provide insights for this location.

Local market activity for 4 bedroom houses in Fitzroy

In the last 12 months, 13 four-bedroom houses similar to 172 Napier Street, have been sold.

This represents a 18% increase in four-bedroom houses sales when compared to the previous 12 months.

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