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Sold on 30 Jul 2024 - Price Unavailable

22 Lyell Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 112m2
Sold By
Marshall White Port Phillip
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Property Details for 22 Lyell St, South Melbourne

22 Lyell St, South Melbourne is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 112m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in South Melbourne in the last 12 months.

Building Type
House
Year Built
1900
Floor Size
78m2
Land Size
112m2
Local Government
Port Phillip
Lot/Plan
1/TP567796

Last Listing description (August 2024)

Just steps from Lyell Iffla Reserve and positioned between South Melbourne Market, Albert Park Village, and Bay Street's dynamic retail and dining hub, this charming Victorian residence offers comfortably presented interiors and enviable rear car access, making it an exceptional opportunity in a prime location.

Orientated with a northern rear exposure, it offers a lucrative prospect for the future with the opportunity to capitalise on the all-day sun and extraordinary rear access. As is, original two-bedroom proportions with a 1960s fit-out offer an ideal canvas for an inspired renovation or architectural transformation (STCA), featuring high ceilings, timber floors, and two generous bedrooms preceding the central living room. The well-equipped kitchen adjoins a separate rear hallway that leads to a deep entertainer's courtyard with a roller door and carport providing off-street parking via Dorcas Lane.

Enviably located within a short stroll to Albert Park College, St Vincent Gardens, popular cafes, restaurants, parks, and the light rail, this classic home features air conditioning, gas heating, and ceiling fans, ensuring year-round comfort for now and prized scope in a prime location.

Property History for 22 Lyell St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
30 Jul 2024
  • 30 Jul 2024
    Sold for $1,131,000
  • 17 Jul 2024
    Listed for Sale $1,000,000 - $1,050,000

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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 11,174 properties. Over the last 5 years, Houses in South Melbourne have seen a 20.54% increase in median value, while Units have seen a -1.71% decrease. As at 30 September 2024:

  • The median value for Houses in South Melbourne is $1,707,254 while the median value for Units is $593,256.
  • Houses have a median rent of $740 while Units have a median rent of $625.
There are currently 33 properties listed for sale, and 45 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 410 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.