1801/50 Albert RoadSouth Melbourne VIC 3205
Property Details for 1801/50 Albert Rd, South Melbourne
1801/50 Albert Rd, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.
Last Listing description (January 2024)
Achieving top marks for livability with its flowing design, delightful Bay views and desired location on the doorstep of Albert Park Lake, this Fifty Albert Road building apartment is your ticket to lifestyle success. Packed with premium appointments, the layout is certain to captivate with its sleek stone topped kitchen, streamlined living and dining zone and alluring balcony that's blessed with glorious views. All perfected by its premium placement only meters from Albert Park Lake and a short walk to South Melbourne Market, Botanic Gardens, NGV, transport options plus the CBD.
Two robed bedrooms
Sleek bathroom that's presented in spotless condition
Carefully crafted kitchen with premium cabinetry
Stone benches, concealed fridge space, gas stove, oven and semi-integrated dishwasher
Covered balcony where you can soak up the views
European laundry
Split system heating/air conditioning
Basement parking space and storage cage
Situated only a hop, skip and a jump from Albert Park Lake
Walk to the Shrine of Remembrance Botanic Gardens
Moments from South Melbourne Market, Arts Centre and CBD
Property History for 1801/50 Albert Rd, South Melbourne, VIC 3205
- 11 Nov 2023Sold for $500,000
- 13 Sep 2023Listed for Sale $520,000 to $540,000
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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 11,214 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.
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