406/99 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for 406/99 Palmerston Cres, South Melbourne
406/99 Palmerston Cres, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in December 2012.
Last Listing description (August 2017)
Enjoying a prominent position in the heart of South Melbourne and enjoying commanding views of the city, this stunning brand new elevated apartment offers an outstanding and convenient inner city lifestyle with amenities such as Clarendon Street, public transport, MSAC, South Melbourne market and Albert Park Lake only a short walk away.
Comprising security entrance, light filled living/dining with wooden flooring opening onto entertaining balcony enjoying the stunning city back drop, stylish kitchen with European appliances and ample cupboard space, two bedrooms with built in robes, central beautifully appointed bathroom and European laundry. Other features of this most impressive apartment include heating and air conditioning, security intercom and secure basement car parking.
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Property History for 406/99 Palmerston Cres, South Melbourne, VIC 3205
- 04 Jul 2017Listed for Rent $540 / week
- 20 May 2015Listed for Rent $525 / week
- 14 Dec 2012Sold for $690,000
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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 11,171 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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