OFF MARKET

508/97 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 41m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 508/97 Palmerston Cres, South Melbourne

508/97 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2015
Floor Size
41m2
Local Government
Port Phillip
Lot/Plan
1508/PS701488

Last Listing description (July 2024)

HOW DO I REGISTER TO INSPECT ? - Instructions available below this ad.

-Located in the Orbis Complex
- Stylish kitchen with electric cooking appliances , dishwasher & great cupboard space

- Living and dining area with floorboards
- Private balcony off living rom
- Master bedroom with built in robes
- Modern bathroom with large shower & overhead storage
- Split System air conditioning
- Security entry & life

Within walking distance to Albert Park Lake and Clarendon Street shopping strip.

What is WHU?
Warehouse, Heritage & Unique or what our team refers to as WHU is a category of property that differentiates from the others.
This symbol appears on the properties that our team have identified as exhibiting one or more of these characteristics.

Harcourts Melbourne City, Estate Agents, specialising in sales & leasing of Warehouse, Heritage, Unique WHU properties in Melbournes inner city. For information on inner city property for sale or rent or for expert real estate advice visit: melbourneharcourts.com.au or phone us on 03 9664 8100

Harcourts Melbourne City is committed to maintaining the protection of the personal information it collects during the course of its business, as it is obliged to do under state and federal legislation. Please find a full copy of our privacy policy on our website: https://www.melbourneharcourts.com.au/privacy-and-security-policy/

Property History for 508/97 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$385,000
28 Jun 2021
Listed for Rent
$500/w
03 Jul 2024
  • 03 Jul 2024
    Listed for Rent - Price not available
  • 02 Feb 2022
    Listed for Rent $325 / week
  • 28 Jun 2021
    Sold for $385,000
Sign in to see more transactions

Commute Calculator

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.
There are currently 42 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 411 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.