SOLD
Sold on 13 Nov 2023 for $577,000

1017/259 Normanby Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 66m2
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Property Details for 1017/259 Normanby Rd, South Melbourne

1017/259 Normanby Rd, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2022. The property has a land size of 66m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2022
Floor Size
51m2
Land Size
66m2
Local Government
Port Phillip
Lot/Plan
1017/PS812023

Last Listing description (November 2023)

R.Iconic 1 bedroom apartment living in an evolving pocket of South Melbourne.

Protected Views

Surrounded by low-rise residential and restricted height zones, with a 10-hectare park running all the way to the beach. R.Iconic will be the only building with protected, endless views to the water and the city, within walking distance of South Melbourne Market, Port Melbourne Beach, Albert Park Lake, Melbourne's CBD and its Arts Precinct.

Lifestyle
At R.Iconic, lifestyle is everything. R.Iconic allows residents the luxury of time spent living well. With each home carefully crafted as a restful space away from life's stresses, wind down with spacious living areas, an abundance of natural light and oversized balconies.

Amenity
With residents' wellbeing the guiding philosophy of R.Iconic, an abundance of amenities are available exclusively to residents, designed to enhance physical, mental and social aspects of life. With access to a backyard featuring an acre of lush landscaped private podium gardens, a gymnasium, an outdoor infinity pool, fitness stations and a running track, as well as a zen garden and an adventure playground, all seamlessly linked to the leafy longitudinal park and the beach at Port Melbourne.

R.Iconic has been recently awarded Best Lifestyle Development, Victoria & Best Apartment Architectural Design at the Asia Property Awards 2023. Register your interest to find out why.

R.Iconic, a building and lifestyle, unrivalled and unmatched.

Property History for 1017/259 Normanby Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$577,000
13 Nov 2023
  • 13 Nov 2023
    Sold for $577,000
  • 12 Oct 2023
    Listed for Sale $582,000

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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 11,214 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 37 properties listed for sale, and 43 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 444 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.