SOLD
Sold on 18 Dec 2023 for $735,000

1608/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 74m2
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Property Details for 1608/38 Albert Rd, South Melbourne

1608/38 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2013. The property has a floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
74m2
Local Government
Port Phillip
Lot/Plan
1608/PS638816

Last Listing description (April 2024)

With high-quality finishes throughout, this bespoke apartment epitomises the finest Melbourne lifestyle.

Offering a sanctuary infused with cascades of natural light, premier privacy and spectacular view. Luxury and first-class quality are immediately displayed with the sun-soaked open-plan living/dining zone, including a sleek kitchen boasting premium Miele appliances and stone benchtops. The over-sized main bedroom is fitted with a luxe ensuite/WIR, and further enhanced by an additional robed bedroom, split system heating/AC, large entertaining balcony and car space.

Located in one of South Melbourne's most popular buildings, a short stroll to the Botanic gardens, South Melbourne Market and the CBD. Exclusive residents' facilities are also part of the package: building manager, private retreat, communal garden, indoor gymnasium and private rooftop dining area.

Property History for 1608/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$735,000
18 Dec 2023
Listed for Rent
$500/w
09 Feb 2021
  • 18 Dec 2023
    Sold for $735,000
  • 23 Nov 2023
    Listed for Sale $740,000-$770,000
  • 30 Nov 2020
    Listed for Rent $500 / 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 42 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 417 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Contact agent
Georgie Brown
Show contact details
Meadows Property Group
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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.