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Sold on 22 Nov 2024 for $652,507

1110/50 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 74m2
Land area: 1647m2
Sold By
MICM Real Estate
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Property Details for 1110/50 Albert Rd, South Melbourne

1110/50 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1647m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
74m2
Land Size
1647m2
Local Government
Port Phillip
Lot/Plan
1110/PS640463

Last Listing description (November 2024)

Standing out with refined elegance, this breathtaking 2 bedroom, 2 bathroom apartment illustrates unrivalled detail, a coveted corner setting and unforgettable bay and lake views to enjoy every day. Head downstairs and the best of Melbourne is waiting to explore from your doorstep. Neatly placed between Albert Park Lake and the Royal Botanic Gardens, take an easy stroll to St Kilda Road trams, Anzac trains, a brand-new Woolworths, Domain Road fine dining, leading private schools and fresh South Melbourne Market produce.

Discover the open-plan comfort of air-conditioned living and dining underscored by a stone-finished kitchen graced with an imposing island bench, a concealed fridge space and sleek Miele appliances including a full-sized dishwasher and a 4-burner gas cooktop. Set to perfection on the 11th floor of the in-demand Fifty Albert complex, spill outside from the living space and main bedroom to a full-width balcony basking in the gentle warmth of morning sunlight. Relax, dine and entertain under shelter and shade with a stunning outlook sweeping over the Royal Botanic Gardens, the Shrine of Remembrance, the St Kilda Road skyline, and the blue-water beauty of Albert Park Lake and Port Phillip Bay. This is an unbeatable aspect and the only thing missing is you!

Two large and light-filled bedrooms are serviced by extensive mirrored built-in robes and a pristine pair of luxe bathrooms boasting fully tiled rainfall shower areas, stone-topped vanities and concealed cisterns. Additional features include secure car parking, a handy study nook with a built-in workstation, a Euro-style laundry, ducted heating and cooling throughout, double glazing, roller blinds and recessed down-lighting.

Saving on power bills with a 6-star energy-efficiency rating, Fifty Albert enjoys video intercom security, a welcoming concierge and resort-style access to a rooftop, plunge pool, a BBQ terrace, cinema room, sauna, yoga studio, a fully equipped gym, and a shared dining/lounge area. Inspect with confidence!

Outgoings:
Council Rates: $300.00 per quarter approx.
Water Rates: $165.00 per quarter approx.
Owners Corporation Fees: $1,800.00 per quarter approx.

* Certain images are virtually staged for illustration purposes.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 1110/50 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$652,507
22 Nov 2024
Listed for Rent
$640/w
27 Mar 2017
  • 22 Nov 2024
    Sold for $652,507
  • 18 Oct 2024
    Listed for Sale $652,507
  • 13 Jun 2018
    Sold for $630,000
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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 11,254 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.22% increase in median value, while Units have seen a -1.85% decrease. As at 30 November 2024:

  • The median value for Houses in South Melbourne is $1,703,817 while the median value for Units is $603,220.
  • Houses have a median rent of $700 while Units have a median rent of $630.
There are currently 50 properties listed for sale, and 37 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.