SOLD
Sold on 22 Feb 2024 for $3,155,000

162 Nelson Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 3
Car spaces: 1
Floor area: 192m2
Land area: 179m2
Sold By
Marshall White Port Phillip
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Property Details for 162 Nelson Rd, South Melbourne

162 Nelson Rd, South Melbourne is a 2 bedroom, 3 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 179m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in South Melbourne in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
192m2
Land Size
179m2
Local Government
Port Phillip
Lot/Plan
1/TP568653

Last Listing description (February 2024)

Inspired by its dress-circle position and demand for harmonious living and entertaining, this architectural home with a secure garage is an idyllic haven of sun, privacy and lifestyle excellence. With a boutique ambience that reflects its location on the edge of Albert Park Village, this peaceful, well-designed home unveils an exceptional domain for a relaxed, city-edge lifestyle.

Faultless function underpins the interior, with a free-flowing connection to the outdoors, allowing glowing natural light to stream indoors through high-set windows and an oversized sliding glass wall. Open-plan living/dining with an ambient gas fireplace benefits from the streamlined indoor-outdoor focus, opening entirely to the elevated decked terrace, taking sun-soaked alfresco dining to new heights. Refined sophistication continues to the central kitchen, where a marble island bench and a walk-in pantry host a suite of integrated European appliances.

Elevated views are enjoyed from the private balcony in the first-floor main bedroom, featuring a walk-in robe and an ensuite with a bath, whilst a central bathroom accompanies the second robed bedroom. Downstairs, the light-filled home office/sitting room offers exciting appeal as a potential third bedroom with easy access to an adjacent bathroom. And with an open study upstairs, the floor plan allows you to move with your needs without sacrificing precious living space.

Zoned for Albert Park College and Albert Park Primary School and just a gentle stroll to South Melbourne Market, Albert Park Village, and St Vincent Gardens, this modern terrace features reverse-cycle heating/cooling, hydronic heating, a European laundry, plenty of storage and a single garage with direct ROW access, perfect for those with larger cars.

Property History for 162 Nelson Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$3,155,000
22 Feb 2024
Listed for Rent
$420/w
28 Aug 2008
  • 22 Feb 2024
    Sold for $3,155,000
  • 11 Dec 2023
    Listed for Sale $2,700,000 - $2,900,000
  • 13 Sep 2023
    Listed for Sale Expressions of Interest
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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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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.