OFF MARKET

405/196-206 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 91m2
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Property Details for 405/196-206 Albert Rd, South Melbourne

405/196-206 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in September 2008.

Building Type
Unit
Year Built
2005
Floor Size
91m2
Local Government
Port Phillip
Lot/Plan
405/PS443832

Property History for 405/196-206 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$640,000
19 Sep 2008
Listed for Rent
$560/w
30 Jul 2011
  • 24 Jul 2011
    Listed for Rent - Price not available
  • 28 Jul 2010
    Listed for Rent - Price not available
  • 19 Sep 2008
    Sold for $640,000
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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 11,211 properties. Over the last 5 years, Houses in South Melbourne have seen a 35.74% increase in median value, while Units have seen a 2.45% increase. As at 31 August 2024:

  • The median value for Houses in South Melbourne is $1,791,704 while the median value for Units is $597,361.
  • Houses have a median rent of $750 while Units have a median rent of $625.
There are currently 38 properties listed for sale, and 48 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 432 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.