406/196-206 Albert RoadSouth Melbourne VIC 3205
Property Details for 406/196-206 Albert Rd, South Melbourne
406/196-206 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. While the property is not currently for sale or for rent, it was last sold in March 2017.
Last Listing description (March 2017)
A building acknowledged for its beauty, renowned for its refinement and defined by its desirability, SILVERPOINT is the ultimate city edge address, enhanced by proximity to Clarendon Street, MSAC, city bound trams and the parkland surrounding Albert Park Lake. In this superb fourth floor apartment, living/dining areas that face north feature fabulous city views and the sight of the lights at night from an exclusive balcony while an open-plan kitchen is complemented by granite benches and stainless steel appliances. The main bedroom s built-in robes, ensuite and individual access to the balcony sets a luxurious tone for a second bedroom offering its own built-in robes and a semi ensuite central bathroom. A dedicated study zone, heating/cooling and total security further distinguish superb spaces in SILVERPOINT, where a residents gym, library, reception room, visitor parking and secure garaging for one car confirm outstanding quality.
Property History for 406/196-206 Albert Rd, South Melbourne, VIC 3205
- 04 Mar 2017Sold for $770,000
- 20 Feb 2017Listed for Sale Auction
- 13 Jul 2013Sold for $611,000
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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 11,173 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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