OFF MARKET

1513/50 Albert Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 46m2
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Property Details for 1513/50 Albert Rd, South Melbourne

1513/50 Albert Rd, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2013. The property has a floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
Unit
Year Built
2013
Floor Size
46m2
Local Government
Port Phillip
Lot/Plan
1513/PS640463

Last Listing description (February 2024)

Situated on the Fithteenth floor, this superior one bedroom apartment is surrounded by the very best of the inner city. The Elenberg Fraser designed Fifty Albert building offers smart, sophisticated living environments with a second-to-none suite of luxury resident facilities.

Comprising of:
Open plan kitchen, meals and living area

Kitchen with stone benchtops, s/steel appliances and dishwasher
Spacious bedroom with mirrored built-in-robe
A stylish bathroom with floor-to-ceiling tiles
European laundry
Balcony

Building amenities include a sauna, health club and day spa, communal landscaped rooftop terrace with panoramic Melbourne CBD and bay views, sun-deck, barbecues, concierge, gymnasium, stunning entrance foyer, security access and much more.

Ideally situated in arguably the most desirable pocket of South Melbourne framed by Albert Park Lake, grand tree-lined boulevard St Kilda Road, beaches of Port Phillip Bay and skyscrapers of the CBD, this lifestyle apartment will appeal to professionals or those wanting an inner-city pad.

Property History for 1513/50 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$360,000
12 Apr 2019
Listed for Rent
$375/w
19 Jul 2022
  • 26 Jan 2024
    Listed for Rent $500 / week
  • 08 Jul 2022
    Listed for Rent $375 / week
  • 12 Apr 2019
    Sold for $360,000
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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 11,216 properties. Over the last 5 years, Houses in South Melbourne have seen a 35.74% increase in median value, while Units have seen a 2.45% increase. As at 31 August 2024:

  • The median value for Houses in South Melbourne is $1,791,704 while the median value for Units is $597,361.
  • Houses have a median rent of $750 while Units have a median rent of $625.
There are currently 37 properties listed for sale, and 43 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 441 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.