SOLD
Sold on 01 Jun 2024 for $490,000

1201/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
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Property Details for 1201/38 Albert Rd, South Melbourne

1201/38 Albert Rd, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
62m2
Local Government
Port Phillip
Lot/Plan
1201/PS638816

Last Listing description (October 2024)

This apartment will be available to possess early July.

Building has 24/7 gym/function room

2bed 1bath 1carpark 1storage

Internal size 62sqm Terrace balcony 5sqm
Both bedrooms are well sized with double mirror robes and windows.

Situated on level 12 of this magnificent residential complex of 38 Albert Road, this 2 bedroom 1bath 1carpark abode will sure to please by providing the complete package.

Illuminated by an abundance of natural light, the open-plan living and dining area allows direct access to your very own generously sized private balcony, offering incomparable views of Melbourne's city skyline, Albert Park Lake and Port Phillip Bay. Complimented by a modern, stone kitchen complete with high-end stainless steel Miele appliances and ample soft-close cabinets and draws. Well-size bedrooms are both carpeted featuring a dual-mirrored built-in robe. Additional features include a modern bathroom, limed timber flooring throughout living and diner area, a reverse cycle heating/cooling system, secure intercom and car space.

In the midst of thriving cafe culture, the iconic South Melbourne market, elite schools, excellent transportation options - be it tram or bus and upcoming Domain Train Station.... and only a short commute to the CBD.

Facility Features:
- Wooden floorboards in the dining and living area
- Reverse cycle heating and cooling
- Fully tiled bathroom with laundry alcove
- Car park on title with secured storage cage in room
- Study nook
Complex Recreational facilities include:
- Gymnasium
- Dining & function room
- Roof top Communal BBQ landscaped outdoor area.
- Onsite manager
- Security garage entry

Easy access to the tram line, forthcoming Anzac station and the freeway network. Approximately 2 km to the CBD
Nearby to South Melbourne market, Melbourne Sports and Aquatic Centre.

Property History for 1201/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$490,000
01 Jun 2024
Listed for Rent
$650/w
22 Jun 2024
  • 07 Jun 2024
    Listed for Rent $650 / week
  • 01 Jun 2024
    Sold for $490,000
  • 14 May 2023
    Listed for Rent $590 / week
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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 11,164 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 51 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 407 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.