OFF MARKET

204/75 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 818m2
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Last updated 11 Nov 2024
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Property Details for 204/75 Palmerston Cres, South Melbourne

204/75 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2018. The property has a land size of 818m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
Unit
Year Built
2018
Land Size
818m2
Local Government
Port Phillip
Lot/Plan
204/PS723366

Last Listing description (April 2023)

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This quality 1 bedroom apartment invites you to enjoy South Melbourne living at its best. Be awed as you step into these luxe, light-filled residence.

The 1 bedroom 1 bathroom apartment features:
- Natural timber flooring throughout the living areas
- Functional kitchens with European appliances, stone benchtops and ample storage
- Light-filled bedrooms with mirrored robes
- Continental laundry
- Split air conditioning
- Secure car space (stacker) and storage cage is included

An exceptional location on the very edge of the CBD puts you right in the heart of the best that Melbourne has to offer, from Albert Park Lake to the Botanic Gardens, South Melbourne Market fresh food markets to high end fashion shops in Clarendon Street shopping district. Trams are minutes away, ready to take you into or away from the CBD.

***Please note: A car stacker system is installed in the building of this property. Not all vehicles are suitable. Vehicles cannot exceed 2500kg in weight, cannot exceed 1.7m in height and cannot exceed 4.8m in length and 2.05m in width. Please consider these specifications before applying for this property.

***Fees applicable for both move in and move out, and car stacker induction. Owner will provide re-imbursement on move in and car stacker induction fees***

Property History for 204/75 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$415,000
09 Feb 2016
Listed for Rent
$390/w
27 Mar 2023
  • 27 Mar 2023
    Listed for Rent $390 / week
  • 01 Jun 2022
    Listed for Rent $390 / week
  • 05 Jan 2021
    Listed for Rent $370 / 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 11,171 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 34 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 409 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.