2002/38 Albert RoadSouth Melbourne VIC 3205
Property Details for 2002/38 Albert Rd, South Melbourne
2002/38 Albert Rd, South Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Apartment sold in South Melbourne in the last 12 months.
Last Listing description (June 2024)
Soar high above it all on level 20 of the highly sought after Albert Tower. Secure your low maintenance lifestyle conveniently located on the city fringe between the Botanical Gardens and Albert Park Lake. With ANZAC station soon to be completed right on your doorstep, it ticks all the boxes you have been looking for.
Be welcomed home by your long entrance hallway with a functional floorplan including a well-designed central bathroom with laundry and storage. The comfortable bedroom is carpeted and offers built-in robes. The apartment opens up at the end of the hallway with floorboards and features a galley kitchen with stone bench, stainless steel appliances, dishwasher and mirrored splashback. The open plan living and dining flows seamlessly to your undercover balcony for all year enjoyment and stunning city views.
Expected extras include split system heating/cooling, secure car space with storage cage. Residents enjoy access to the rooftop gym, sauna, dining lounge and outdoor deck with BBQ and seating. Location is second to none with easy access to the CBD, trams and train on your doorstep, Botanical Gardens, MSAC, Albert Park Lake, South Melbourne Market, Arts precinct and Yarra River.
Property History for 2002/38 Albert Rd, South Melbourne, VIC 3205
- 19 Jun 2024Sold for $428,000
- 05 Jun 2024Listed for Sale $410,000-$430,000 offers close 2nd July @ 11am
- 02 Apr 2024Listed for Rent $575 / 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.
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