SOLD
Sold on 31 Aug 2024 for $430,000

1302/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 1302/38 Albert Rd, South Melbourne

1302/38 Albert Rd, South Melbourne is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2013. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom House sold in South Melbourne in the last 12 months.

Building Type
House
Year Built
2013
Local Government
Port Phillip
Lot/Plan
1302/PS638816

Last Listing description (November 2024)

Positioned within the Rothe Lowman designed 'Albert Tower,' this high-end apartment provides sophistication, exclusivity and exceptional lifestyle convenience. The open-plan layout is underscored by stunning timber floors and enhanced by full-height windows maximising beautiful natural light, and is served by a striking kitchen flaunting stone surfaces and Miele appliances. Contemporary refinement and luxury are further displayed by a robed bedroom, sleek bathroom, split system heating/AC, covered balcony with spec and basement car space. The 'Albert Tower' offers its residents exclusive use of its amenities including a building manager, private retreat, communal garden, gymnasium and rooftop dining area. Located in one of South Melbourne's most sought-after buildings, this property is just a short walk from the Botanic Gardens, South Melbourne Market and the CBD.

To arrange a time to inspect this property, click Book an Inspection Time or Email Agent to access our online booking system. By registering, you will be INSTANTLY informed of any updates, changes, or cancellations for your appointment.

Whilst we endeavour to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the property owner and we therefore accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 1302/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$430,000
31 Aug 2024
Listed for Rent
$450/w
27 Jun 2022
  • 31 Aug 2024
    Sold for $430,000
  • 02 Aug 2024
    Listed for Sale Under Offer
  • 30 May 2022
    Listed for Rent $450 / 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 11,162 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 41 properties listed for sale, and 51 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 413 properties were sold in the past 12 months in South melbourne.

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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.