SOLD
RECENT ADVICE
Sold on 17 Aug 2024 for $1,611,000

102 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 125m2
Land area: 118m2
Sold By
Marshall White Port Phillip
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Property Details for 102 Palmerston Cres, South Melbourne

102 Palmerston Cres, South Melbourne is a 3 bedroom, 2 bathroom Unit. The property has a land size of 118m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Floor Size
125m2
Land Size
118m2
Local Government
Port Phillip
Lot/Plan
2/PS331655

Last Listing description (August 2024)

Emulating the heritage streetscape with a Victorian-inspired design, this north-facing contemporary terraced residence offers a lifestyle of distinction and quality in the heart of South Melbourne, mere steps from Albert Park Lake.

Vivid and vibrant in its composition and style, the home's free-flowing proportions span exceptionally bright living and dining areas that offer plenty of space for relaxation and entertainment. A central utility courtyard emphasises the light throughout, accompanying a sleek kitchen appointed with stone benchtops and European appliances and a landscaped rear courtyard, where lush greenery forms an exquisite backdrop for indoor-outdoor entertaining through bi-fold doors.

Upstairs comprises two generous robed bedrooms, the main featuring balcony access, while a third bedroom or study sits centrally. A large bathroom serves the bedrooms with a bath and shower, complemented by a second renovated bathroom on the ground floor. With split system heating/cooling, ducted heating, engineered oak floors, European laundry and plantation shutters, it delivers the perfect balance between stylish living and effortless convenience within walking distance to Royal Botanic Gardens, the upcoming Anzac Station, Clarendon Street's restaurants and cafes and MSAC.

Property History for 102 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,611,000
17 Aug 2024
  • 17 Aug 2024
    Sold for $1,611,000
  • 25 Jul 2024
    Listed for Sale $1,400,000 - $1,540,000
  • 22 Apr 2015
    Sold for $1,165,000
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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 11,211 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.