OFF MARKET

1408/50 Albert Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 50m2
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Property Details for 1408/50 Albert Rd, South Melbourne

1408/50 Albert Rd, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2013. The property has a floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2013
Floor Size
50m2
Local Government
Port Phillip
Lot/Plan
1408/PS640463

Last Listing description (July 2023)

Spacious 1-bedroom apartment, with premium finishes
Bright and airy living/dining zone
Stylish kitchen with Miele appliances

Large master bedroom with huge built in robes and balcony access
Premium bathroom with quality finishes
Spacious balcony with abundance of light
Incredible amenities, with a rooftop spa, gym, BBQ area and lounge zone
Available with vacant possession

Expertly located, comfortably spacious, and second to none building amenities, this light-giving one-bedroom apartment will have wide market appeal.

Upon entering the apartment, you will be greeted by a spacious and bright living area that is perfect for entertaining guests or just relaxing after a long day. The kitchen is well-equipped with modern appliances and ample storage space, making it perfect for those who love to cook.

The bedroom is generously sized and features a wall-to-wall built-in robe, ensuring that you have an abundance of storage space. The bedroom also features wall to ceiling windows, and a door to easily access the balcony. A modern and immaculate bathroom complements the property, drawing attention to the large walk-in shower.

In addition, the property includes split system air-conditioning, a large European laundry, and secure intercom entry, as well as keyless entry into the property.

This apartment is located in prime South Melbourne, with easy access to the new ANZAC station (currently being built), shops, and restaurants. The building itself offers a range of world-class amenities, including a gym, rooftop spa, dining rooms, lounge area and BBQ area.

Property History for 1408/50 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$371,000
05 Jun 2023
  • 05 Jun 2023
    Sold for $371,000
  • 22 May 2023
    Listed for Sale $350,000 to $370,000
  • 01 Feb 2014
    Sold for $398,000
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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 11,163 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 48 properties listed for sale, and 56 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 412 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.