OFF MARKET

33/70 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 110m2
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Property Details for 33/70 Albert Rd, South Melbourne

33/70 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1994. The property has a floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1994
Floor Size
110m2
Local Government
Port Phillip
Lot/Plan
33/PS328577

Last Listing description (June 2021)

Inspect by appointment between advertised times

Enjoying the favoured north / west corner position high on the 8th floor with terrific views of the city skyline and Port Phillip Bay is this beautifully presented two bedroom, two bathroom apartment offering the prized features of high ceilings, oversized proportions and two car spaces.

- Fully appointed kitchen

- Two double bedrooms both with ensuite bathrooms (main with generous walk in wardrobe)
- Vast living room filled with natural light and adjoining balcony
- Separate home office or dining space
- Euro laundry
- Polished concrete floors, carpet in bedrooms
- Large store room (on title) accessed on the same floor as the apartment
- Undercover secure parking space plus one additional space in the adjoining car park
- Secure building with lift access
- So close to everything - bordered by Albert Park Lake and The Royal Botanical Gardens with the city with South Melbourne market, Clarendon Street and Toorak Road within short walking distance

NOTE:
Currently on lease until June 2021(with potential to vacate sooner) returning $660 per week.

Property History for 33/70 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$740,000
21 Jun 2021
Listed for Rent
$670/w
07 Jun 2018
  • 21 Jun 2021
    Sold for $740,000
  • 07 Oct 2020
    Listed for Sale Under Contract
  • 09 May 2018
    Listed for Rent $670 / 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 11,165 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.