402/75 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for 402/75 Palmerston Cres, South Melbourne
402/75 Palmerston Cres, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 818m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (November 2023)
Welcome to 402/75 Palmerston Crescent South Melbourne featuring panoramic city views from the balcony.
Find yourself in the middle of a bustling urban center, with modern amenities and plenty of nearby attractions. Enjoy a leisurely stroll in Albert Park, a picnic at the Lakeside stadium, hit a few balls at the lakeside driving range or spend a day at Middle Park Beach. Tree lined streets and an open corner property line will have you thinking you've walked out into the suburbs.
And you'll have plenty of green space to explore and enjoy while you take in some of the surrounding, untouched heritage buildings.
The apartment itself is stunning with a modern space that is designed with maximum comfort in mind. Spacious bedrooms and bathrooms, a functional kitchen and a generous balcony make it the perfect place to entertain and relax.
With uninterrupted city views, this exceptional 2 bedroom, 2 bathroom apartment in South Melbourne is the perfect place for an executive who desires wide open spaces.
Make this your home and get ready to enjoy all that Melbourne has to offer!
Property History for 402/75 Palmerston Cres, South Melbourne, VIC 3205
- 27 May 2023Sold for $700,000
- 02 Feb 2023Listed for Sale Contact Agent
- 20 Jul 2022Listed for Rent $550 / 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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