OFF MARKET

2408/50 Albert Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 1643m2
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Last updated 11 Nov 2024
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Property Details for 2408/50 Albert Rd, South Melbourne

2408/50 Albert Rd, South Melbourne is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2013. The property has a land size of 1643m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last transferred in May 2023.

Building Type
House
Year Built
2013
Floor Size
50m2
Land Size
1643m2
Local Government
Port Phillip
Lot/Plan
2408/PS640463

Last Listing description (September 2022)

Stylish modern apartment surrounded by the Botanical Gardens and Albert Park Lake.

A spacious one bedroom with plenty of living space and a nicely sized bedroom with ample wardrobe space.

Lifestyle building that also includes gym, sauna, poker room and concierge and sparkling 360-degree views of Melbourne. There are trams to city at your doorstep, surrounded by gorgeous parkland and the hugely popular cafe Kettle Black downstairs. Life does not get any better than with a Fifty Albert apartment

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Property History for 2408/50 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Transferred
23 May 2023
Listed for Rent
$450/w
22 Jul 2022
  • 23 May 2023
    Transferred
  • 22 Jul 2022
    Listed for Rent $450 / week
  • 13 Jun 2019
    Listed for Rent - Price not available
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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.