308/75 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 818m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in September 2018.
Situated in an exceptional location that simultaneously offers serene lakeside walks and inner city convenience, this brand new one bedroom apartment delivers unsurpassed lifestyle advantages. Thoughtfully designed to create easy living spaces enhanced by a superb selection of materials and high quality appointments, stylish interiors feature natural timber flooring creating a serene sense of space while matte black fixtures inject sophistication. Maximising space and light, an open plan living and dining area connects to a cutting edge kitchen delivering gourmet functionality with Bosch appliances, stone benchtops and glass splashbacks. This exceptional residence represents an appealing opportunity for young professionals and investors alike. Completed by impeccable appointments including intercom, air conditioning, lift access and parking. In an excellent location that puts a host of cafes, the Royal Botanic Gardens and Melbourne CBD within easy reach.
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:
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