SOLD
Sold on 29 Jul 2024 for $685,000

6/148-150 Wells Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
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Property Details for 6/148-150 Wells St, South Melbourne

6/148-150 Wells St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
83m2
Local Government
Port Phillip
Lot/Plan
6/PS426962

Last Listing description (January 2023)

This lovely ground floor apartment has been recently renovated with modern finishes and polished floors. Cleverly designed, the spacious floor plan ensures that you maximise space. Perfectly positioned in a much sought after South Melbourne location with everything you need only minutes away.

Separate entry to a spacious open plan living and dining area with air conditioning & heating for year round comfort. A private balcony off the living area allows for convenient street access. The well-appointed, modern kitchen with stainless steel appliances and functional bench & cupboard space makes entertaining a treat. Two double bedrooms with built in wardrobes - one with access to the second balcony. Central bathroom with laundry facilities.

Fantastic location only minutes from the city, Chapel and Clarendon Street, cafs and restaurants and boutique shopping. Secure car space with large storage cage and use of resort style facilities including indoor heated pool, tennis court, gym and BBQ area.

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Property History for 6/148-150 Wells St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$685,000
29 Jul 2024
Listed for Rent
05 Feb 2020
  • 29 Jul 2024
    Sold for $685,000
  • 13 Jan 2020
    Listed for Rent $550 / week
  • 30 Jan 2019
    Listed for Rent - Price not available
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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.
There are currently 51 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 407 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.