207/97 Palmerston CrescentSouth Melbourne VIC 3205
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Luxury Inner-City Living
Property Details for 207/97 Palmerston Cres, South Melbourne
207/97 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Hoyee Property Group.
Property Features
Local Area Liveability Score
This Liveability Score is a rating "out of 10" and a guide to how well connected properties within a local area are to facilities such as public transport, healthcare services, shopping outlets, schools and parkland. The scores apply to the local area (or "mesh block") in which a property is located. The scores are largely comprised of 2 main elements:
- Walking time to a local facility
- Number of facilities within a 20-minute walk
The overall Liveability Score is made up of smaller sub-scores, as described below.
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 11,275 properties. Over the last 5 years, Houses in South Melbourne have seen a -1.21% decrease in median value, while Units have seen a -5.71% decrease. As at 28 February 2025:
- The median value for Houses in South Melbourne is $1,631,239 while the median value for Units is $599,620.
- Houses have a median rent of $700 while Units have a median rent of $625.
What's around 207/97 Palmerston Cres, South Melbourne
207/97 Palmerston Cres, South Melbourne is in the school catchment zone for South Melbourne Park Primary School.
Suburb Insights for South Melbourne 3205
Market Insights
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Neighbourhood Insights
Age
Population 10,892
0-9
9%
10-19
6%
20-29
18%
30-39
22%
40-49
15%
50-59
11%
60-69
9%
70-79
5%
80-89
3%
90-99
1%
Household Structure
Occupancy
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