SOLD
Sold on 27 Oct 2023 for $875,000

44A Napier Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 87m2
Land area: 2326m2
Sold By
Belle Property Albert Park
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Property Details for 44a Napier St, South Melbourne

44a Napier St, South Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 1976. The property has a land size of 2326m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
1976
Floor Size
87m2
Land Size
2326m2
Local Government
Port Phillip
Lot/Plan
97/RP7078

Last Listing description (December 2023)

Feel immediately at home in this split-level residence located in the middle of the ever-popular 'City Edge building by Daryl Jackson & Evan Walker. Built in the early '70s, the apartments are cleverly designed, offering solidity, space and privacy.

Open plan living and dining features floorboards and bi-fold doors that lead you out onto the terrace to soak up the sun and be amongst the wildlife in the trees.

The current owners have tastefully enhanced the apartment with modern bathrooms while preserving the homes original style.

Upstairs, both bedrooms are bathed in sunlight and come with built-in robes. The master features a split system air conditioning unit and ensuite. There's extra space upstairs with a built-in desk for study/work and an expansive storage cupboard. Central bathroom includes bath & euro laundry.

Spoken about as an 'urban village' in South Melbourne, the building offers a communal garden space with seating, and is located within walking distance to South Melbourne's shops, cafes & the market. Albert Park Lake precinct and trams into the CBD are close by, as well as the Royal Botanic Gardens, the new Anzac Station & even the MCG!

Property History for 44a Napier St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$875,000
27 Oct 2023
  • 27 Oct 2023
    Sold for $875,000
  • 04 Oct 2023
    Listed for Sale $775,000 - $825,000
  • 02 Apr 2017
    Sold for $751,000
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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 11,216 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

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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.