5 Nelson PlaceSouth Melbourne VIC 3205
Property Details for 5 Nelson Pl, South Melbourne
5 Nelson Pl, South Melbourne is a 2 bedroom, 1 bathroom House and was built in 1890. The property has a land size of 111m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom House sold in South Melbourne in the last 12 months.
Last Listing description (August 2024)
Discover the perfect blend of modern luxury and classic charm at 5 Nelson Place, South Melbourne. This beautifully renovated home offers a range of premium features, making it an ideal choice for those seeking comfort and style in a vibrant neighborhood.
The living area is adorned with high raked ceilings and exposed red brick, creating a warm and inviting atmosphere. The open-plan design seamlessly integrates the living, dining, and kitchen spaces, opening up to a private courtyard, ideal for alfresco dining and entertaining. The kitchen has been thoughtfully designed with Miele appliances and Italian marble countertop, offering both functionality and elegance.
The spacious main bedroom includes its own private porch. The loft-style room upstairs offers a unique space that can serve as a children's room, guest bedroom, creative studio, or cozy home office. Additionally, the property features a room separate from the main house, offering a quiet place for work or study.
The property's location is unbeatable, just a short walk from the South Melbourne Market, Albert Park Village, and St Vincent Gardens. Whether you're a professional, a small family, or an investor, don't miss this opportunity to own a piece of South Melbourne's vibrant lifestyle.
Property History for 5 Nelson Pl, South Melbourne, VIC 3205
- 26 Aug 2024Sold for $1,150,000
- 31 Jul 2024Listed for Sale $1,185,000
- 23 Mar 2023Listed for Rent $850 / week
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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 11,164 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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