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.
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.
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:
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