OFF MARKET

303/97 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
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Property Details for 303/97 Palmerston Cres, South Melbourne

303/97 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2015
Floor Size
51m2
Local Government
Port Phillip
Lot/Plan
1303/PS701488

Last Listing description (March 2024)

Nestled in the quietest part of South Melbourne between the City and Albert Park Lake, you will find yourself in your own peaceful paradise with endless entertainment opportunities.

- One bedroom + study with built in robes
- Kitchen with Island bench, Miele cooktop, dishwasher and oven

- Living room with split system
- European laundry
- Underground secure car space & storage cage
- Secure building access
- North facing balcony
- Fantastic city views
- 290m to nearest tram stop
- 100m to Albert Park Lake walking track
- 1km to Crown & Melbourne CBD
- 250m to Kings way
- 2km to beach

Please Note:

Inspection times and property availability are subject to change or cancellation without notice. If no inspection times are available, or the listed times are unsuitable, please select "Request a time" or "Get in touch" and register your interest. Once you have registered to attend an inspection you will be notified via SMS of any changes to the inspection. ?

Looking for someone to manage your investment property? Visit www.longview.com.au/landlords to learn about our unique services. "

Property History for 303/97 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$500,000
29 Aug 2023
Listed for Rent
$375/w
21 Apr 2021
  • 17 Jan 2024
    Listed for Rent $575 / week
  • 29 Aug 2023
    Sold for $500,000
  • 22 Jun 2023
    Listed for Sale Not Disclosed
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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 41 properties listed for sale, and 51 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 413 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.