OFF MARKET

3/520 City Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 3/520 City Rd, South Melbourne

3/520 City Rd, South Melbourne is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Port Phillip

Last Listing description (January 2023)

***SHARE HOUS - PRIVATE ROOM SHARED FACILITIES***This affordable one bedroom room is positioned in a prize location and is surrounded by the delights of Clarendon Street Shopping Centre, transport, CBD, Docklands and freeway access while being only meters to the iconic South Melbourne market. Light and bright, this furnished room includes a bed, built in robe and desk and offers communal modern shared facilities such as a renovated kitchen with meals area, his and hers bathrooms, washing machine and dryer facilities. Furthermore, all utilities are included at no extra cost. Just bring your suitcase and move straight in. This location surrounds itself with every South Melbourne attraction - this is inner city living at its best! Inspect as advertised or by appointment.

Property History for 3/520 City Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Listed for Rent
$260/w
07 Jun 2022
  • 05 Dec 2022
    Listed for Rent $250 / week
  • 10 Jul 2020
    Listed for Rent $260 / 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 11,162 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 48 properties listed for sale, and 56 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 411 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.