408/75 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for 408/75 Palmerston Cres, South Melbourne
408/75 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2018. The property has a land size of 818m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (September 2018)
Brand New Lakehouse Apartment
Inspections are a must on this spacious 1 bedroom apartment. Situated next to gardens and parklands, this Lakehouse apartment offers the residents convenience and lake-side living style. South Melbourne Market and Albert Park at door step, residents enjoy an abundance of shops, caf and restaurants. Few minutes driving or quick tram ride to CBD.
This open-plan apartment comes with floor to ceiling windows, spacious balcony, open plan kitchen, mirrored BIR, European laundry, and natural timber flooring through living/meal area. Appliances include split system aircon and heating, BOSCH gas cook top, BOSCH oven, BOSCH dishwasher, BOSCH washing machine and BOSCH dryer. A storage cage is provided.
Property History for 408/75 Palmerston Cres, South Melbourne, VIC 3205
- 15 Sep 2023Sold for $305,000
- 14 Aug 2018Listed for Rent - Price not available
- 21 Sep 2015Sold for $405,000
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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 11,214 properties. Over the last 5 years, Houses in South Melbourne have seen a 20.54% increase in median value, while Units have seen a -1.71% decrease. As at 30 September 2024:
- The median value for Houses in South Melbourne is $1,707,254 while the median value for Units is $593,256.
- Houses have a median rent of $740 while Units have a median rent of $625.
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