368 Albert Road, South MelbournePrice Withheld
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368 Albert Road

South Melbourne, VIC 3205, Australia
Price Withheld
5 bed 3 bath 2 car

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About this property

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 cafés, 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 Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
3
Parking
2
Listed
3 months ago

Repayment calculator

$6,036/month
$3,018 /fortnight
Loan $996,000 at 6.10% over 30 years

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Upfront costs

Deposit$249,000
Stamp duty$68,475
Conveyancing (est.)$2,000
Total upfront$319,475
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 South Melbourne

This 5-bedroom house in South Melbourne, VIC 3205 sits within reach of public transport, local shops and nearby schools.

Schools near South Melbourne

  • Galilee Regional Catholic Primary Schoolprimary · Prep-6 · CoEd
  • Hester Hornbrook Academy - South Melbournesecondary
  • Youth2Industry Collegesecondary · 11-12 · CoEd

What's nearby

  • Stop 23: Moray Street (tram)782 m away
  • WoodsYard775 m away
  • Unnamed211 m away
  • Unnamed501 m away
  • See Yup temple garden514 m away

South Melbourne at a glance

Full suburb profile
Population
11,548
Median age
39
Household income
$2,101/wk
Median rent
$421/wk
Median mortgage
$2,200/mo

Source: ABS Census.

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Suburb market

Suburb price trend

South Melbourne price trend

Median sold · House 3 bed

Compound growth -2.2% / yr over 4 yrs

$1.79mcurrent median

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