OFF MARKET

2602/50 Albert Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1647m2
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Property Details for 2602/50 Albert Rd, South Melbourne

2602/50 Albert Rd, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1647m2. While the property is not currently for sale or for rent, it was last sold in September 2013.

Building Type
Unit
Year Built
2013
Land Size
1647m2
Local Government
Port Phillip
Lot/Plan
2602/PS640463

Last Listing description (August 2024)

This enchanting one-bedroom residence, fully furnished, epitomizes luxury within the sought-after Fifty Albert building. Positioned amidst the serene beauty of Albert Park Lake, the Botanical Gardens, and a network of walking and cycling trails, it offers the quintessential inner-city lifestyle experience, all while ensuring your privacy.

The well-designed layout encompasses a kitchen equipped with gas cooking and a dishwasher, a living area featuring split-system heating/cooling, a European laundry, a pristine central bathroom, and a sunlit bedroom with built-in robes.

Surrounded by an array of cafes, bars, and dining establishments, you can easily stroll or jog to the lake or the Tan, hop on a tram to Southbank or the CBD, and find yourself mere moments away from Toorak Rd, Chapel St, and the South Melbourne Market.

Indulge in the building's remarkable rooftop gardens and entertainment spaces boasting sun decks and BBQ areas, offering breathtaking views. Additional amenities include a gymnasium, spa, yoga classes, plunge pool, and the convenience of a 24-hour concierge service."

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Property History for 2602/50 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$500,000
23 Sep 2013
Listed for Rent
$660/w
06 Aug 2024
  • 26 Jul 2024
    Listed for Rent $660 / week
  • 07 May 2024
    Listed for Rent $660 / week
  • 11 Apr 2023
    Listed for Rent $600 / 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 11,174 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 34 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.