SOLD
Sold on 12 Jun 2024 for $515,000

1001/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 62m2
Sold By
First National Real Estate Avant
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Property Details for 1001/38 Albert Rd, South Melbourne

1001/38 Albert Rd, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 62m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2013
Land Size
62m2
Local Government
Port Phillip
Lot/Plan
1001/PS638816

Last Listing description (June 2024)

Welcome to your dream home in the heart of South Melbourne. This stunning 2-bedroom, 1-bathroom residential apartment offers the perfect blend of luxury and convenience. With a spacious layout, modern finishes, and breathtaking views, this property is sure to impress even the most discerning buyer.

Step inside and be greeted by an abundance of natural light that fills every corner of this stylish apartment. The open plan living and dining area is perfect for entertaining, with a sleek kitchen featuring high-end appliances and ample storage space. Enjoy your morning coffee on the private balcony as you take in the panoramic views of the city skyline.

The master bedroom boasts a generous size and comes complete with built-in robes, while the second bedroom is perfect for guests or a home office. The pristine bathroom features a luxurious shower and modern fixtures. With ducted heating and cooling throughout, you'll stay comfortable all year round.

Located in a highly sought-after area, this property offers the best of inner-city living. Enjoy the convenience of being just moments away from bustling cafes, boutique shops, and public transport options. The building itself also offers a range of amenities, including a gymnasium, and secure parking.

Don't miss this opportunity to secure your slice of South Melbourne paradise. Contact us today to arrange a private inspection and experience the luxurious lifestyle this property has to offer.

Property History for 1001/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$515,000
12 Jun 2024
Listed for Rent
$480/w
13 May 2022
  • 12 Jun 2024
    Sold for $515,000
  • 14 Feb 2024
    Listed for Sale Not Disclosed
  • 19 Apr 2022
    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 11,164 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 53 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 407 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.