OFF MARKET

1005/89 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 60m2
Land area: 645m2
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Last updated 9 Sep 2024
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Property Details for 1005/89 Gladstone St, South Melbourne

1005/89 Gladstone St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 645m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
Unit
Year Built
2017
Floor Size
60m2
Land Size
645m2
Local Government
Port Phillip
Lot/Plan
1005/PS735510

Last Listing description (September 2024)

This amazing corner 2-bedroom 2-bathroom 1 car space 1 storage apartment, offers a near-new living experience where you can enjoy awe-inspiring city views from the floor-to-ceiling windows and spacious balcony! Located moments from the CBD, South Melbourne Market, public transport, freeway access and the best of Melbourne's food and nightlife, you are right in the middle of the action.

Nestled within the highly sought-after Gravity Tower building, the home offers two lovely bedrooms both featuring built in robes, the master has an exclusive ensuite bathroom whilst the other bedroom is on the corner with fabulous natural light and views. A beautiful open plan living and dining area with timber flooring is perfect to enjoy the wonderful outlook adjoining a modern kitchen with stainless steel gas appliances and dishwasher. A central bathroom, European laundry, intercom, reverse cycle heating and cooling unit and car space completes this wonderful picture.

The building also features an incredible roof top with spa overlooking the city and the bay, BBQ facilities, private dining room and kitchen, designer lounge with fireplace and outdoor cinema.

Not to be missed, contact us to arrange an inspection!

Property History for 1005/89 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$558,000
05 Jul 2017
Listed for Rent
$650/w
21 Mar 2023
  • 03 Jul 2024
    Listed for Sale $530,000 - $545,000
  • 07 Sep 2023
    Listed for Sale Not Disclosed
  • 14 Mar 2023
    Listed for Rent $650 / week
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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 11,211 properties. Over the last 5 years, Houses in South Melbourne have seen a 35.74% increase in median value, while Units have seen a 2.45% increase. As at 31 August 2024:

  • The median value for Houses in South Melbourne is $1,791,704 while the median value for Units is $597,361.
  • Houses have a median rent of $750 while Units have a median rent of $625.
There are currently 38 properties listed for sale, and 48 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 432 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.