SOLD
Sold on 06 May 2024 for $475,000

1007/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 1007/38 Albert Rd, South Melbourne

1007/38 Albert Rd, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2013
Local Government
Port Phillip
Lot/Plan
1007/PS638816

Last Listing description (July 2024)

Boasting a prestigious location and cutting-edge finishes, this luxurious 1 bedroom plus study apartment is lock-and-leave living at its finest. Positioned in the exclusive Rothe Lowman designed 'Albert Tower,' the home's sleek and sophisticated style delivers peerless modern allure, whilst the private balcony captures stunning views. Timber floors line the open-plan living/dining domain, complemented by a gourmet kitchen with premium Miele appliances and stone top benches, including integrated fridge/freezer and dishwasher. Enjoy the added comfort of split system heating/AC, as well as exclusive building amenities including a building manager, private retreat, communal garden, gymnasium and a rooftop dining area. Located in one of South Melbourne's most sought-after buildings, this property is just a short walk from the Botanic Gardens, South Melbourne Market, and the CBD.

To arrange a time to inspect this property, click Book an Inspection Time or Email Agent to access our online booking system. By registering, you will be INSTANTLY informed of any updates, changes, or cancellations for your appointment.

Whilst we endeavour to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the property owner and we therefore accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 1007/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$475,000
06 May 2024
Listed for Rent
$450/w
12 Sep 2022
  • 06 May 2024
    Sold for $475,000
  • 19 Mar 2024
    Listed for Sale $475,000
  • 12 Sep 2022
    Listed for Rent $450 / 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 11,164 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 46 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 412 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.