OFF MARKET

308/97 Palmerston Crescent
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 308/97 Palmerston Cres, South Melbourne

308/97 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2015. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
Unit
Year Built
2015
Local Government
Port Phillip
Lot/Plan
1308/PS701488

Last Listing description (May 2024)

Enjoy your life at this quiet inner city living and immaculate one bedroom apartment. The prime location of Momentum & Orbis Apartment has all your lifestyle needs covered with cafes, restaurants, and Clarendon Street shopping precinct all nearby. The beautiful residence is perfect for a relaxed lifestyle with easy walk to trams, the iconic Albert Park Lake & Botanic Gardens.

This well-maintained apartment is in one of Melbourne's truly unique boutique residential buildings offering you:

Miele ceramic cooktop and oven

Integrated dishwasher and stone benchtop
Split system heating/cooling
Fully-tiled bathroom with sizeable walk-in shower
Timber floorboards in entry kitchen & living, 100% wool carpet in bedroom
Lots of storage space & full-wall built-in-robes in bedroom
Secure entrance

Property History for 308/97 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$310,000
18 Sep 2019
Listed for Rent
$450/w
09 Feb 2023
  • 08 May 2024
    Listed for Rent - Price not available
  • 01 Feb 2023
    Listed for Rent $450 / week
  • 18 Sep 2019
    Sold for $310,000
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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 11,165 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 52 properties listed for sale, and 54 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 406 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.