1201/50 Albert RoadSouth Melbourne VIC 3205
Property Details for 1201/50 Albert Rd, South Melbourne
1201/50 Albert Rd, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1640m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in November 2016.
Last Listing description (March 2017)
What an outstanding purchase this perfectly positioned 2 bedroom apartment could be for the savvy investor or busy professional.
Comprised of a sizeable living space with views to the water and designer kitchen with island bench, stone counter tops and stainless steel Miele appliances, this apartment is sure to impress. One bedroom with mirrored built-in robes and expansive windows, 2nd bedroom with a hidden wall bed which could also be utilised as a study or home office. There is also a stylish and functional central bathroom, undercover balcony and European laundry as well as a carpark on title.
Features include reverse cycle air-conditioning, video intercom and keyless entry, while the building is completed with luxure amenities including health club, gym, spa, BBQ facilities, meeting room, common room with TV projector & poker room.
Enjoy the cosmopolitan lifestyle this area has to offer, live in the immediate vicinity of Albert Park Lake, South Melbourne Market, and St Kilda Road transport.
Be sure to inspect, this apartment will not disappoint.
Property History for 1201/50 Albert Rd, South Melbourne, VIC 3205
- 26 Nov 2016Sold for $472,500
- 25 Oct 2016Listed for Sale OFFERS OVER $488,888
- 26 Jul 2016Listed for Rent - Price not available
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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.
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