OFF MARKET

105/85 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 6m2
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Property Details for 105/85 Gladstone St, South Melbourne

105/85 Gladstone St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 6m2 and floor size of 51m2.

Building Type
Unit
Year Built
2017
Floor Size
51m2
Land Size
6m2
Local Government
Port Phillip

Last Listing description (May 2019)

This is your perfect opportunity to have your cake and eat it to! Ideally located in trendy and stylish South Melbourne - this is your chance to purchase off the plan and take full advantage of all the First Home Owner Incentives on offer by the Government.
Consisting of three glass towers, FIFTEEN85 takes inspiration from renowned American glass artist Josiah McElheny who is known for his pure and transparent installations. The first of the three towers, Tower 1, with its cobalt blue reflective facade, showcases pure and Utopian ideals which capture the raw essence of South Melbourne and its eclectic and vibrant environment.
South Melbourne is set to become a destination of choice for families with plans that boost transport connections, homes, parks, schools and services for the growing community. The Fishermans Bend Framework delivers the vision for the area to 2050 so that it becomes a global benchmark for smart, sustainable development where people want to live, work, learn and invest.

Fishermans Bend will be Australia s largest Green Star Community and sustainability goals will drive the overall social, environmental and economic planning for the precinct. The early stage of the area s development is an advantage to introducing mass scale efficiencies in water, energy, construction and services.
Within the Regeneration Program FIFTEEN85 South Melbourne directly benefits from the The Ferrars Street Education and Community Precinct and the Montague Precinct planning. The Ferrars Street Education and Community Precinct is a catalyst project for the Montague precinct. It showcases how community infrastructure and public spaces will be designed and delivered for area.

Property History for 105/85 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
  • 30 Apr 2018
    Listed for Sale Not Disclosed

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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 11,171 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 34 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 409 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.