OFF MARKET

2611/50 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 52m2
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Property Details for 2611/50 Albert Rd, South Melbourne

2611/50 Albert Rd, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 52m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
2013
Floor Size
52m2
Land Size
52m2
Local Government
Port Phillip
Lot/Plan
2611/PS640463

Last Listing description (June 2019)

Set on the 26th floor of the landmark Fifty Albert building, this spectacular, 2 bedroom apartment offers an inner-urban lifestyle experience of unprecedented sophistication. Nestled between Albert Park Lake, the CBD and the waterfront, this is a unique offering with an outstanding selection of luxurious, resort-style amenities that combine to proudly set a new benchmark for 21st Century apartment dwelling. Enjoying the privilege of access to a beautifully landscaped rooftop with communal entertaining areas and stunning city views, residents will enjoy access to BBQ areas, sun decks, spas and ambient lounges warmed by gas open fires. Also offering a cinema, Conference Room and poker room, as well as a gymnasium, yoga studio, sauna, massage rooms and a plunge pool, the building clearly offers much more than just accommodation. Securely accessed by video entry and elevator, the apartment is a handsome designer abode in which an efficient kitchen is equipped with premium appliances, stone benches and an easy open-plan flow to a balcony with terrific 26th floor views. The bathroom is fully-tiled in a vogue, yet classically timeless style, whilst the bedrooms each feature built-in robes. Arguably Melbournes most diverse and sought-after city-fringe location, you can easily wander to cafes, bars and eateries, whilst Clarendon St and South Melbourne Market are just around the corner, Chapel St is moments away and you have Albert Park Lake, the Botanical Gardens and the waterfront all nearby for a spot of outdoor recreation.

Property History for 2611/50 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$565,000
30 May 2019
Listed for Rent
$530/w
15 Jul 2016
  • 30 May 2019
    Sold for $565,000
  • 28 Feb 2019
    Listed for Sale $540,000 -$580,000
  • 12 Jul 2016
    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 11,164 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.
There are currently 47 properties listed for sale, and 55 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 412 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.