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163 Victoria Parade, Fitzroy, VIC 3065

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

Map of 163 Victoria Parade, Fitzroy, VIC 3065, Fitzroy, Victoria

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.

Estimated value

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Rental income estimate and range

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Property history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Rental
Feb 2026

$1600 PER WEEK

Listed for sale
Aug 2025

$2,300,000 - $2,500,000

Sold
Jun 2010

$1,320,000

Sold
Oct 2001

Price undisclosed

Sold
Jun 1994

$440,000

Sold
Dec 1981

$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

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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

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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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Fitzroy

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Yarra

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Victoria

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Explore surrounding suburbs

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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.

Contact the agent

Sásh Melbourne

Sasha Gilberg

Sásh Melbourne

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