OFF MARKET

1702/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 28 Oct 2024
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Property Details for 1702/38 Albert Rd, South Melbourne

1702/38 Albert Rd, South Melbourne is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2013. While the property is not currently for sale or for rent, it was last sold in October 2010.

Building Type
House
Year Built
2013
Local Government
Port Phillip
Lot/Plan
1702/PS638816

Last Listing description (October 2024)

Nestled between Albert Park Lake and the Botanical Gardens, this city fringe apartment in the "Albert Towers" provides an ideal location for outdoor recreational activities. Situated on level 17 of this magnificent residential complex, this 1 bedroom apartment will sure to please by providing the complete package.
An open plan dining area adjoins a sheltered west facing balcony providing beautiful city skyline views. A galley style kitchen with stone benchtop incorporates a mirrored glass splash back, integrated stainless steel appliances including a drawer dishwasher and electric oven and plenty of above and below bench shelving. Carpeted bedroom with mirrored robes and fully tiled bathroom with laundry alcove.
Also includes: wooden floorboards in the living area, reverse cycle heating and cooling, car park and secured storage cage.

Complex recreational facilities include: gymnasium, dining & function room, roof top communal BBQ landscaped outdoor area.
Easy access to the tram line and the freeway network and nearby to South Melbourne market, Melbourne Sports and Aquatic Centre.

Property History for 1702/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$470,000
07 Oct 2010
Listed for Rent
$580/w
06 Sep 2024
  • 06 Sep 2024
    Listed for Rent $580 / week
  • 04 Aug 2021
    Listed for Rent - Price not available
  • 06 Jul 2021
    Listed for Rent - Price not available
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of total area. The population of South Melbourne in 2011 was 9,317 people. By 2016 the population was 10,892 showing a population growth of 16.9% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation. In 2011, 44.8% of the homes in South Melbourne were owner-occupied compared with 40.2% in 2016.

South Melbourne has 11,174 properties. Over the last 5 years, Houses in South Melbourne have seen a 20.54% increase in median value, while Units have seen a -1.71% decrease. As at 30 September 2024:

  • The median value for Houses in South Melbourne is $1,707,254 while the median value for Units is $593,256.
  • Houses have a median rent of $740 while Units have a median rent of $625.
There are currently 33 properties listed for sale, and 45 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 410 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.