Back 5/85 Merton Street
Off Market

5/85 Merton Street

Albert Park VIC 3206

2
1
1
Apartment
Brendan CoburnBrendan Coburn, last sold this property on 16 October 2015 after 24 days on market.

Overview

Light-Filled Living, Lifestyle Dream

With its generous dimensions (80sqm approx) and a private top-floor setting allowing for light-filled interiors and fantastic city views, this 2-bedroom freestanding apartment block represents supremely rare entry-level buying in the exclusive environs of Albert Park. A well-maintained, secure and boutique complex of just seven precedes a sunlit and spacious living/dining room, a bright separate kitchen with gas cooking and a dishwasher, two good-sized bedrooms with built-in robes, a separate WC and a bathroom with a separate bath and laundry taps. Offering genuine lifestyle appeal for first home seekers and investors, it comes complete with off-street parking, the perfect spot to leave car as you take advantage of the brilliant location within strolling distance to Albert Park Village shops and cafes, public transport, Albert Park Lake, MSAC and sunny bay beaches. Note: Located in Albert Park Primary and Secondary Schools' Zone.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Albert Park over the last 12 months, the estimated median property value of 5/85 Merton Street is $722k.

Median value
$722k
Estimated value range
$550k - $1.95m
Median days on market
28
Estimated value trend
-52%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Albert Park. 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 5/85 Merton Street

2015
Sold
Undisclosed
Auction Sale on 16 Oct 2015 by Brendan Coburn, of Buxton Port Phillip - Port Melbourne
2014
Rented
Undisclosed
Leased on 25 Aug 2014 by Besser & Co. Estate Agents

Happy sellers in Albert Park

~%

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

Local market activity for 2 bedroom apartments in Albert Park

In the last 12 months, 18 two-bedroom apartments similar to 5/85 Merton Street, have been sold.

This represents a 142% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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