SOLD
Sold on 16 Jul 2024 for $430,000

1802/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Sold By
Inner Real Estate Next RE Melbourne
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Property Details for 1802/38 Albert Rd, South Melbourne

1802/38 Albert Rd, South Melbourne is a 1 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 July 2024. 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
1802/PS638816

Last Listing description (October 2024)

Blending dazzling modern finishes and a sundrenched indoor-outdoor ambience, this spectacular one-bedroom apartment in the coveted Albert Tower complex provides a lifestyle of undeniable indulgence with stunning city views and luxurious residents facilities, such as; a fully-equipped gymnasium, soothing sauna, function room and a beautifully landscaped rooftop terrace featuring barbecue facilities and exquisite vistas.

Master bedroom boasting mirrored built-in-robe
Neutrally toned bathroom with toilet

Streamlined living and dining flowing over fashionable floorboards
Kitchen sparkling with stone benches and mirrored splashbacks
Equipped with quality stainless steel appliances
Covered balcony showcasing city views
Euro laundry
Split system heating/air conditioning
Storage cage and basement car space
Residents' gym, sauna, function room and rooftop terrace
Meander around the Royal Botanic Gardens and Albert Park Lake
A tram ride away from South Melbourne Market
Dine out along nearby Southbank Promenade

Property History for 1802/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$430,000
16 Jul 2024
Listed for Rent
$375/w
14 Feb 2022
  • 16 Jul 2024
    Sold for $430,000
  • 29 May 2024
    Listed for Sale $430,000
  • 01 Feb 2022
    Listed for Rent $375 / 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 47 properties listed for sale, and 55 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 412 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.