FOR RENT

406/97 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 43m2
This property is currently on the market
Save

Property Details for 406/97 Palmerston Cres, South Melbourne

406/97 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom House and was built in 2015. The property has a floor size of 43m2.This Property is currently listed for rent with MICM Real Estate - Southbank

Building Type
House
Year Built
2015
Floor Size
43m2
Local Government
Port Phillip
Lot/Plan
1406/PS701488

Last Listing description (October 2024)

Unfurnished - Impeccably presented with unmatched quality, this ultra-stylish 1 bedroom apartment sets an exacting standard for South Melbourne sophistication. Neatly nestled in a leafy lifestyle precinct, walk to Clarendon Street, Albert Park Lake, MSAC, fresh South Melbourne Market produce and a choice of tram lines. Make your move to a city-edge neighbourhood united by convenience!

Apartment features:

- The large and naturally lit bedroom is graced with wall-to-wall built-in robes
- Light-filled living and dining on lightly toned timber flooring
- A streamlined kitchen boasts stone surfaces, quality Miele appliances including an electric cooktop, a concealed fridge space and a Fisher and Paykel dish-drawer.
- A private undercover balcony runs the full width of the property
- Deluxe bathroom with a rainfall shower, mirrored cabinetry and floor-to-ceiling tiles
- Storage cage included in rental

Further benefits include security key entry with intercom, air-conditioning and heating and on-site building manager. Complex is NBN ready.

*Please note this building has an embedded network for one or more utility supplies.
For further information please speak to your Property Consultant.

NOTE: image/s are indicative only and have been chosen to best reflect apartment advertised but may reflect a different apartment design. Furniture in the advertisement are not included.

Property History for 406/97 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$297,000
23 Jun 2023
Listed for Rent
$500/w
14 Aug 2024
  • 14 Aug 2024
    Listed for Rent $500 / week
  • 26 Jul 2023
    Listed for Rent $475 / week
  • 23 Jun 2023
    Sold for $297,000
Sign in to see more transactions

Commute Calculator

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 11,216 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 37 properties listed for sale, and 43 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 441 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.