OFF MARKET

508/148-150 Wells Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
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Last updated 16 Sep 2024
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Property Details for 508/148-150 Wells St, South Melbourne

508/148-150 Wells St, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2000. The property has a floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
Unit
Year Built
2000
Floor Size
51m2
Local Government
Port Phillip
Lot/Plan
508/PS426962

Last Listing description (October 2017)

**Due to the new train station construction works on St Kilda Rd in the month of July, please consider alternate routes such as King s Way or allow extra time to arrive at the open inspection**
Enjoying an abundance of natural light to go with amazing open space and a private and quiet inner city lifestyle, this sensational one bedroom Wells Street apartment will appeal to everyone. In a highly-desired complex and just seconds to the Royal Botanic Gardens, surrounding cafes and restaurants, Arts Precinct, South Melbourne attractions, and St Kilda Rd trams into city.Accommodation: You'll be amazed at the stunning light and sizeable living space that this property offers up, which has detailed highlights that include a premium kitchen with meals counter and stainless steel appliances, spacious main living and dining hub, sun-drenched balcony with easterly views that have glimpses of the Botanic Gardens and Shrine of Remembrance, bedroom with built-in robes, bathroom and laundry. Features: Secure car space, secure intercom, recreational facilities including 25m indoor pool, tennis court, gym, and garden BBQ terrace.
Features:

1. European Oak floorboards from MAFI Austria.
2. Linen sheer curtains.
3. Block out roller blinds.
4. Oliveri Italian door handles.
5. Car space oversized in width

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Property History for 508/148-150 Wells St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$410,000
19 Aug 2017
  • 19 Aug 2017
    Sold for $410,000
  • 26 Jun 2017
    Listed for Sale 420000 (under offer)
  • 24 Mar 2013
    Sold for $405,000
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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 11,214 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 47 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 429 properties were sold in the past 12 months in South melbourne.

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