OFF MARKET

1/56 Smith Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 1/56 Smith St, South Melbourne

1/56 Smith St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a floor size of 54m2.

Building Type
Unit
Year Built
1972
Floor Size
54m2
Local Government
Port Phillip

Last Listing description (April 2021)

Tucked away in quiet Smith Street lies this great two bedroom apartment positioned on the first floor in this lovely block.

Featuring;

Two spacious bedrooms, both with built in robes

Modern tiled bathroom

Open plan kitchen/ living room

Split System

Washing machine provided in kitchen

Lock up garage for one car

Secure Entrance

Light and bright, renovated apartment in a convenient location close to Albert Park village, Bay Street shopping and South Melbourne Market.

Positioned on the first floor in this lovely quiet block. *PHOTO ID REQUIRED TO INSPECT*

Property History for 1/56 Smith St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Listed for Rent
$360/w
27 Apr 2021
  • 24 Feb 2021
    Listed for Rent $360 / week
  • 13 Jan 2020
    Listed for Rent $410 / week
  • 11 Jun 2019
    Listed for Rent $410 / week

Commute Calculator

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 51 properties listed for sale, and 51 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 404 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.