54 George Street

Fitzroy VIC 3065

House

Spiros Karagiannidis, last sold this property on 13 March 2026 after 9 days on market.

Overview

Endless potential in prime position

Offered on one title, a rare inner-city prospect offering enormous scope in one of Melbourne's most tightly held lifestyle pockets. Formerly two residences now combined into one expansive dwelling, this character-filled property is ready for a complete transformation. Behind its traditional façade, a long hallway reveals the bones of a grand restoration project. Four bedrooms, each with original fireplaces, are complemented by a central living room with fireplace flowing through to a meals area and separate kitchen. A bathroom, separate laundry and generous rear yard with right-of-way access complete the existing footprint. High ceilings, original fireplaces and classic architectural details provide a rich foundation for a comprehensive renovation or contemporary transformation (Subject to council approval). The footprint and land component open the door to a range of creative possibilities. The location is undeniable. Positioned between Victoria Parade and Gertrude Street, you're moments from some of Melbourne's best cafés, wine bars and restaurants. Wander to Fitzroy Gardens and Carlton Gardens for open green space, or stroll into the CBD with ease. Multiple tram routes connect directly to the city, while the University of Melbourne, St Vincent's Hospital precinct and Brunswick Street's vibrant dining scene are all close by. A once-in-a-generation opportunity to reimagine, restore and capitalise in premium Fitzroy.

Features

4 bedrooms

1 bathroom

2 carspaces

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 54 George Street is $1.94m.

Median value

$1.94m

Estimated value range

$1.5m - $3.06m

Median days on market

Estimated value trend

-12%

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 54 George Street

2026

Sold

Undisclosed

Auction Sale on 13 Mar 2026 by Spiros Karagiannidis, of Nelson Alexander Fitzroy

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.