406PA/199 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for 406pa/199 Palmerston Cres, South Melbourne
406pa/199 Palmerston Cres, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a floor size of 63m2.
Last Listing description (December 2018)
Two bedroom or one bedroom plus a study apartment.
Great proportions. Kitchen with an island bench .
Exciting development. Walk to shops ,parks and public transport.
Great home, excellent investment.
For further details please contact Jakub Kugler on 0410 298 600
or send us an email request for prompt reply..
(Image for illustration purpose only)
Property History for 406pa/199 Palmerston Cres, South Melbourne, VIC 3205
- 31 Aug 2018Listed for Sale $450 000 - $460 000
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0About 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 11,163 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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