Apartment

5/85 Merton Street

Albert Park VIC 3206, Australia

2Bedrooms
1Bathrooms
1Parking
486 m²Land size
80 m²Internal area
$674,000Last sale (2015)

Snapshot

Key points for 5/85 Merton Street.

  • 2 bedrooms, 1 bathroom, 1 parking space
  • Estimated market value: $770,000
  • Recorded price: $674,000
  • Private top‑floor setting
  • Boutique complex of 8 units (1 house + 7 apartments)

About this property

yardizepropertyrecord
5/85 Merton Street is in Albert Park, VIC and is presented as an Apartment with 2 bedrooms, 1 bathroom, 1 parking space, land size of 486 m², internal area of 80 sqm. Price: $674,000. The estimated market value is $770,000 and the estimated weekly rent is $652 per week

Also written as Unit 5, 85 Merton Street.

Key details

Locality
Albert Park
State
VIC
Coordinates
37.84390896 / 144.95513325
GNAF PID
GAVIC410733073
Legal parcel ID
5\PS348428
Remoteness area
Metro
Property type
Apartment
Unit land size
486 m²
Unit internal area
80 m²
Bushfire risk
None detected
Flood risk
Detected
Heritage overlay
Detected
Zoning
Albert Park Primary and Secondary Schools zone
Land Use Category
Residential

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$652
Expected property value
$770,000
Estimated yield
4.4%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
19 Oct 2015
Contracted 17 Oct 2015. Sold by Buxton Port Phillip.
$674,000—
Sale
7 Jun 1996
$160,000—

Rental history

EventDateWeekly rent
Lease
26 Aug 2014
—
Lease
1 Aug 2014
Tenant: Castran Gilbert.
—

Property insights

Property Features

  • Private top‑floor locationBuxton.com.au
  • Boutique complex of 8 units (1 house + 7 apartments)
  • Heritage‑listed area and flood zone
  • Approx. 80 sqm internal floor area
  • Private top‑floor setting
  • Flood zone: Property lies within a designated flood zone
  • Recent market value estimate: Low $620k – Mid $720k – High $820k (, 2 Apr 2026)
  • Estimated weekly rent: $660 per week (Yield 4.77%) (, 31 Mar 2026)
  • Car spaces: 1

Ownership mix

Owner‑occupied
65 %
Rented
35 %
Owner-occupied
35%
Renter-occupied
65%

Recorded sales and leasing agents

Recorded sale agency (2015 sale)
Buxton Real Estate Group – Buxton Port Phillip recorded for the 2015 saleDossier

Area insights

The surrounding precinct places civic services within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

Real Estate Agencies

Ordered by:
Gary Peer & Associates (St Kilda) - ST KILDA
3.4 km
Marshall White - Port Phillip
0.4 km
Buxton - Port Melbourne
1.2 km
Jellis Craig - Port Phillip
0.4 km
BigginScott - Richmond
4.0 km
Kay & Burton - Bayside
4.8 km
Nick Johnstone Real Estate - Brighton
7.8 km
WHITEFOX Real Estate - Port Phillip
0.3 km
James Nicolaou Real Estate - Port Phillip
1.5 km
Belle Property - Albert Park
0.3 km
Wilson Agents - Glen Eira
6.8 km
Melbourne Residential Real Estate - Southbank
3.6 km
Hodges - Prahran/South Yarra
3.3 km
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
Albert Park Primary School
0.3 km
Primary school | Government
Middle Park Primary School
0.5 km
Primary school | Government
Albert Park College
0.7 km
Secondary school | Government
South Melbourne Park Primary School
0.8 km
Primary school | Government
Galilee Regional Catholic Primary School
0.9 km
Primary school | Independent
Port Phillip Specialist School
1.4 km
Special school | Government
Montague Continuing Education Centre
1.5 km
Special school | Government
South Melbourne Primary School
1.6 km
Primary school | Government
Macrobertson Girls High School
1.7 km
Secondary school | Government
Victorian College of the Arts Secondary School
1.9 km
Secondary school | Government
Melbourne Grammar School
2.0 km
Combined school | Independent
Port Melbourne Primary School
2.2 km
Primary school | Government
Wesley College
2.2 km
Combined school | Independent
St Kilda Park Primary School
2.5 km
Primary school | Government
South Yarra Primary School
2.7 km
Primary school | Government
Port Melbourne Secondary College
2.4 km
Secondary school | Government
Melbourne Girls' Grammar School - An Anglican School
2.9 km
Combined school | Independent
Prahran High School
3.3 km
Secondary school | Government
Ozford College
3.5 km
Secondary school | Independent
St Michael's Grammar School
3.6 km
Combined school | Independent
* Approximate straight-line distances

Frequently asked questions

How many bathrooms are included?

There is one bathroom

Buxton.com.au
What parking is available?

The unit includes one off‑street garage space

Buxton.com.au
How many bedrooms does the unit have?

The apartment has two bedrooms

Buxton.com.au
What was the recent sale price?

The property sold for $674,000 on 19 October 2015

Buxton.com.au
What is the estimated market value?

Estimated market value is $720,000

Buxton.com.au
What is the estimated weekly rent?

Estimated weekly rent is $660 per week

Buxton.com.au
Which primary school is closest to the property?

Albert Park Primary School is the nearest primary school, located about 0.3 km away

What tram stops are nearby?

Tram stops at Bridport St/Victoria Ave and Richardson St/Victoria Ave are each about 0.3 km away

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