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Melbourne House

227 Australian Ave, Palm Beach, FL, 33480
25
RESIDENCES
5
STORIES
1985
YEAR BUILT
$2.7M – $2.7M+
VALUE RANGE

Melbourne House is a five-story boutique condominium at 227 Australian Avenue in the heart of in-town Palm Beach, built in 1985 and comprising just 25 residences. The building offers a full-service, low-rise living experience with a 24-hour doorman, onsite property management, a heated pool, and covered off-street parking. Residences are primarily two-bedroom, two-bath layouts with split floor plans and private balconies, typically ranging from roughly 1,287 to 1,400 square feet. Set within the Casa del Lago area a few blocks from Worth Avenue and about one to two blocks from the beach, the building places residents within easy walking distance of Palm Beach's premier shopping, dining, and oceanfront. No developer or architect is identified in public property records for this building.

Available Residences at Melbourne House

2 Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
2c$2,749,0002 / 21,287$2,136160
Neighborhood
Palm Beach

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

1
Active Listings
▲ 0% vs last month
Avg List Price
$2.7M
Avg Days on Market
160

INVENTORY BY BEDROOM

  • 2 Bed (1) 100%

INVENTORY TREND (ALL UNITS)

110Sep '25Jan '26May '26
0
New Listings
last 3 months
Avg Sale $/SqFt
last 36 months
Months of Supply
0
Sold
last 12 months

Market & Community Report

As of August 13, 2026, Melbourne House carries 1 active listing at an average asking price of $2.7M, with an average time on market of 160 days. Closed sales over the preceding 36 months averaged — per sq ft, and 0 transactions closed in the past 12 months — implying — months of supply against the current pace of absorption.

Zip code 33480 (Palm Beach) is home to 10,901 residents with a median age of 69.4. Per-capita income stands at $196,153; 66.4% hold a bachelor's degree or higher. 83.6% of units are owner-occupied; 38.6% of residents work from home.

Data current as of August 13, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Melbourne House

How many condos are for sale at Melbourne House?

As of August 13, 2026, 1 residence is actively listed for sale at Melbourne House. Current asking prices range from $2.7M to $2.7M. Inventory updates daily from the MLS.

How much do condos at Melbourne House cost?

Condos at Melbourne House are currently asking from $2.7M to $2.7M. Final pricing varies by floor, line, square footage, finishes, and view.

Where is Melbourne House located?

Melbourne House is located at 227 Australian Ave, Palm Beach, FL, 33480, in the Palm Beach area.

What neighborhood is Melbourne House in?

Melbourne House is in Palm Beach, Palm Beach. You can compare every condo building, home inventory, and price trend across Palm Beach on its neighborhood guide.

How many units are in Melbourne House?

Melbourne House has 25 residences across 5 stories.

What year was Melbourne House built?

Melbourne House was completed in 1985.

What amenities does Melbourne House offer?

Melbourne House amenities include 24-hour doorman, Heated pool, Covered/off-street parking, Elevator, Bike room/storage, Laundry in building, Onsite property management, Picnic area.

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