401/196-206 Albert RoadSouth Melbourne VIC 3205
Property Details for 401/196-206 Albert Rd, South Melbourne
401/196-206 Albert Rd, South Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in April 2002.
Last Listing description (April 2017)
AVAILABLE 14 APRIL 2017 .
This stunning bright large and luxurious fully furnished executive apartment is ideally located directly opposite Albert Park Lake and close proximity to public transport, Clarendon Street shopping facilities, South Melbourne Market and CBD.
It comprises a spacious open plan living / dining areas with fold-back doors opening onto a fantastic large private terrace boasting stunning panoramic views across Albert Park Lake, Grand Prix track and St Kilda Road; sleek stainless steel gourmet kitchen with granite bench-tops, extra-large rotisserie oven, five-burner cooktop, European appliances, ample cupboard and bench-top spaces; three generous sized carpeted bedrooms; master bedroom with ensuite bathroom and walk through robe; second bedroom with BIRs, large sparkling central bathroom with designer features and European laundry.
Rent based on 12 month lease - shorter term lease available by negotiation.
Call Open Living Real Estate on 0421 640 063 for further information or to arrange an inspection.
Property History for 401/196-206 Albert Rd, South Melbourne, VIC 3205
- 15 Mar 2017Listed for Rent $845 / week
- 16 Aug 2016Listed for Rent $845 / week
- 05 Aug 2015Listed for Rent $850 / 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.
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