Long-time Kylie Minogue manager Terry Blamey's Albert Park buy

Terry Blamey, the long time former manager of Aussie singing sensation Kylie Minogue, has bought a renovated Albert Park home.

Blamey, who managed Minogue for over 25 years, hasn't had to move far, having sold his classic Victorian a few doors down on Montague Street mid-year for $2 million.

He's upgraded to a $3.05 million more modern Victorian residence, though still with its classical façade (above and below).

The home has three bedrooms, two bathrooms and a rear courtyard.

Greg Hocking Holdsworth sold the home that hadn't traded since it sold for $670,000 in 2005.

Blamey co-owned another Montague Street property but that was sold off in 2012 to his mate, music entrepreneur Michael Gudinski.

Blamey, who has been a music manager in 1966, was with Minogue at her first show in front of 38,000 people at the Tokyo Dome in 1989.