163 Victoria Parade, Fitzroy, VIC 3065
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$2,300,000 - $2,500,000
163 Victoria Parade, Fitzroy, VIC 3065
4
3
3
292m²
94m²
•
house - house: one storey / lowset
Property Description
Listed on 7 Aug 2025
Just 200 metres from Fitzroy Gardens and footsteps from Gertrude, Smith and Brunswick Streets — 163 Victoria Parade, Fitzroy is a grand, corner-sited property where history, flexibility and future opportunity intersect.
Fully renovated and set within a Commercial 1 Zone, this expansive residence offers both residential and commercial appeal — ideal as a prestige home, an inner-city headquarters, or a showroom with unmatched visibility.
At street level, a magnificent five-bedroom Victorian terrace showcases soaring ceilings, intricate period detail, formal and informal living zones, a granite and stainless steel kitchen, and a series of beautifully updated bathrooms — all wrapped in generous scale and classic Fitzroy character.
Adding a distinctive edge, the western exterior wall features longstanding rock poster advertising — a visual nod to Fitzroy’s creative roots and a high-impact branding canvas seen by tens of thousands of vehicles every day.
Price Guide: $2,300,000 – $2,500,000
Offered individually, 163 Victoria Parade includes permits for three on-street car parks, though it does not carry the double garage accessible via George Street.
2 George Street, Fitzroy
Price Guide: $1,400,000 – $1,500,000
Directly behind, fronting George Street, stands a three-level house with its own address. The layout includes a secure double garage and powder room at ground level, open-plan living and kitchen on the first floor, and two bedrooms plus a study on the upper level. With a central bathroom including bathtub, private balcony, and full services, it functions as a complete residence — ideal for multigenerational living, rental income, or an independent home office.
2 George Street is available to purchase separately or together with 163 Victoria Parade. Acquired in conjunction, the combined holding is guided at the most recent council valuation of $3,870,000.
Key Features:
- Two addresses, 163 Victoria Parade + 2 George Street: Sold separately or as one
- Commercial 1 Zone — allowing both residential and business use
- Flexible dual dwellings with optional internal unification
- Secure two-car garage via laneway
- Exceptional daily exposure and external signage value
- Walk to East Melbourne, the CBD and Fitzroy’s cultural heart
163 Victoria Parade &/or 2 George Street, Fitzroy
Where scale, flexibility and prominence converge in one of Melbourne’s most iconic inner-city precincts.
Property history
A breakdown of how regularly this property entered and exited the market for sale or lease.
$1600 PER WEEK
$2,300,000 - $2,500,000
$1,320,000
Price undisclosed
$440,000
$234,750
Median house price trends
Comparing the price trend of houses in Fitzroy against the state of Victoria over the last 4 years. Source: CoreLogic
Comparable properties
See what similar properties in the area are selling and listed for.
Market activity
A snapshot of how quickly properties are selling in the area and how many are currently available.
44 Days
House median days on market
36 Days
Unit median days on market
208 Properties
Sold in last 12 months
63 Properties
Available in the last month
Fitzroy residents
Key characteristics of the residents in the area, view the full breakdown of the suburb here.
19-30
Is the most common age range
Renters
Most common occupant type
Other
Most common household profile
Professionals
Most common occupation
Apartments
Most common property type
Nearby education
Schooling and educational options in the area, for all ages.
Fitzroy Primary School
K - Yr 6
Government
Sacred Heart School
K - Yr 6
Catholic
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Frequently asked questions
The property at 163 Victoria Parade includes 4 bedrooms, 3 bathrooms and parking for 3 cars.
163 Victoria Parade in Fitzroy has a land size of approximately 292 square metres and an internal floor area of around 94 square metres.
163 Victoria Parade in Fitzroy, Victoria, is close to local schools such as Fitzroy Primary School, Sacred Heart School and Academy of Mary Immaculate
As of 2/1/2026, the property at 163 Victoria Parade is currently rented out.