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1 Albert Road, Melbourne$619,500
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For Saleapartment

1 Albert Road

Melbourne, VIC 3004, Australia
$590,000 – $649,000
1 bed 1 bath

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About this property

The Phone Code for this property is: 32529. Please quote this number when phoning or texting. Take advantage of a rare opportunity in one of Melbourne's most prestigious residential addresses. We have many stylish one-bedroom apartments on offer, catering to both owner-occupiers seeking a premium lifestyle and investors looking for strong rental returns, with some units currently rented delivering an attractive approx. 5.5% yield. Each apartment features a light-filled open-plan living and dining area flowing onto a private balcony, a modern kitchen with dishwasher and ample bench space, and a spacious bedroom with walk-in robe and ensuite. Additional inclusions are a European laundry, ducted heating and cooling, and secure intercom access. Residents enjoy world-class amenities: - 24/7 concierge service - Indoor pool, gym, sauna, steam room, and massage room - Conference facilities - Refurbished residents' lounge with alfresco terrace Ideally located just a 2-minute walk to St Kilda Road trams or The New Anzac underground rail station, and only 15 minutes to the CBD. Melbourne's beaches, Albert Park Village, arts and shopping precincts, top schools, and hospitals are all close by. With multiple apartments available, this is your chance to secure a stylish apartment or high-yield investment combining comfort, convenience, and strong rental returns. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Listed
3 months ago

Repayment calculator

$3,003/month
$1,502 /fortnight
Loan $495,600 at 6.10% over 30 years

Upfront costs

Deposit$123,900
Stamp duty$32,240
Conveyancing (est.)$2,000
Total upfront$158,140
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melbourne

This 1-bedroom apartment in Melbourne, VIC 3004 sits within reach of public transport, local shops and nearby schools. It is listed 9% below the $682,500 median of 64 comparable apartmentswithin 5 km.

Schools near Melbourne

  • Eltham College - Lonsdale Street Campuscombined
  • Melbourne Grammar Schoolcombined · Prep-12 · CoEd
  • Melbourne Grammar School - Wadhurst Campuscombined
  • Victorian College For The Deafcombined · U · CoEd
  • Wesley Collegecombined · Prep-12 · CoEd
  • Holmes Grammar Schoolsecondary · 11-12

What's nearby

  • Southgate Landing - Berth 1 (ferry)1.7 km away
  • Rapha2.8 km away
  • Market Street Park2.1 km away
  • Unnamed2.2 km away
  • Unnamed2.6 km away

Melbourne at a glance

Full suburb profile
Population
54,941
Median age
29
Household income
$1,448/wk
Median rent
$381/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Melbourne price trend

Median sold · Unit 1 bed

Compound growth -0.8% / yr over 4 yrs

$345kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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