FOR SALE
$380,000 - $410,000

G02/99 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Perfect for First Home Buyers or Investors

G02/99 Palmerston Crescent South Melbourne
Prime Location & Modern Living at Momentum Apartments
This sleek and stylish one-bedroom, one-bathroom apartment is a standout opportunity for first-time buyers or savvy investors looking for a well-connected, low-maintenance property in one of Melbourne's most sought-after inner-city locations. With its modern finishes, private courtyard, and exceptional lifestyle benefits, this apartment truly offers the best of both worlds-convenience and comfort.
An Ideal Location for an Effortless Lifestyle
Set within the prestigious Momentum Apartments, this ground-floor apartment is perfectly positioned for those who want to live in the heart of Melbourne's vibrant city life. Public transport is just moments away, making your commute to the CBD or surrounding areas a breeze. Enjoy easy access to world-renowned landmarks like Albert Park Lake and Albert Park Golf Course for outdoor leisure, while the iconic Botanical Gardens and Crown Casino are just a short drive away for entertainment and relaxation.
Lifestyle at Your Doorstep
This apartment offers unbeatable proximity to the best of South Melbourne, with South Melbourne Market offering fresh produce and artisan goods, and Clarendon Street brimming with trendy shops, cafes, and restaurants to explore. For those who enjoy an active lifestyle, the Melbourne Sports & Aquatic Centre is nearby, as well as public parks and recreational areas to unwind after a busy day.
Modern Living with a Touch of Luxury
Inside, this beautifully presented apartment combines clean lines with a sophisticated design. The light colour scheme creates a bright, airy atmosphere throughout. The contemporary white vinyl kitchen with stunning stone benchtops and premium Miele appliances ensures a high-end culinary experience, while polished timber floors add warmth and elegance.
The spacious living area leads seamlessly to your private courtyard, providing a perfect outdoor retreat where you can enjoy fresh air and privacy in your own home. This apartment also features built-in wardrobes for ample storage, reverse cycle air conditioning for year-round comfort, and a sleek, modern bathroom for added convenience.
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Property Details for G02/99 Palmerston Cres, South Melbourne

G02/99 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Raine & Horne Brunswick .

Building Type
Apartment

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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 11,162 properties. Over the last 5 years, Houses in South Melbourne have seen a 9.87% increase in median value, while Units have seen a 2.12% increase. As at 31 October 2024:

  • The median value for Houses in South Melbourne is $1,619,416 while the median value for Units is $605,499.
  • Houses have a median rent of $700 while Units have a median rent of $625.
There are currently 41 properties listed for sale, and 51 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 413 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Damian Slodyczka
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Raine & Horne Brunswick
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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.