SOLD
Sold on 18 Oct 2023 for $480,000

1707/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 1707/38 Albert Rd, South Melbourne

1707/38 Albert Rd, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2013. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2013
Local Government
Port Phillip
Lot/Plan
1707/PS638816

Last Listing description (December 2023)

This architecturally designed apartment is located in the prestigious Domain Precinct and boast a lifestyle unparalleled.This apartment offers a state of the art kitchen with stone bench tops, mirrored splashbacks, European stainless steel appliances with gas cooktop and dishwasher. The air conditioned living spaces are well designed and light filled with glass sliding doors opening to a spacious balcony with amazing views of Melbourne's Port Phillip Bay, Albert Park Lake and beyond. The bedroom boasts ample cupboard space and are serviced by the stunning bathrooms that are designed to not only impress the eye, but to be a functional space. There is a separate study, Euro laundry and comes with an off street car park and additional storage.Living in Albert Tower provides access to a gym, sauna, roof top terrace, residents lounge and much more.Located just a moments' walk to the Royal Botanic Gardens, the CBD, South Melbourne Market, Albert Park Lake and much more, this property provides a lifestyle second to none.**Please note this property is unfurnished**NOTE: Please ensure you register for an inspection as spaces are limited due to Covid-19 density limits.Arranging an inspection is easy!To book a time to inspect, simply click on Book an Inspection Time or Email Agent to book instantly using our online system.By registering, you will be INSTANTLY informed of any updates, changes or cancellations for your appointment.

Property History for 1707/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$480,000
18 Oct 2023
Listed for Rent
$400/w
02 Feb 2022
  • 18 Oct 2023
    Sold for $480,000
  • 02 Oct 2023
    Listed for Sale UNDER OFFER
  • 02 Feb 2022
    Listed for Rent $400 / 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 11,216 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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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.