503/148-150 Wells StreetSouth Melbourne VIC 3205
Property Details for 503/148-150 Wells St, South Melbourne
503/148-150 Wells St, South Melbourne is a 3 bedroom, 2 bathroom Unit and was built in 2000. The property has a floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (February 2021)
The north facing living/dining area of this fifth floor apartment in THE TOWER enjoys a superb city view from a sunny balcony while the open-plan kitchen, designed with style, includes ample storage. A main bedroom with built-in robes and an ensuite, appreciates its own views towards the CBD, while two further bedrooms, each enhanced by built-in robes, share an impeccably renovated central bathroom.
Split system heating/cooling in the living area. Secure garage for 2 cars adds total convenience to a city edge address, featuring an on-site manager, residents' tennis court, indoor pool and gym. Secure, stylish, sunny and ideal!
Property History for 503/148-150 Wells St, South Melbourne, VIC 3205
- 05 Nov 2021Sold for $850,000
- 22 Feb 2021Sold for $845,000
- 17 Jul 2020Listed for Sale $845,000
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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 11,164 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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