604/196-206 Albert RoadSouth Melbourne VIC 3205
Property Details for 604/196-206 Albert Rd, South Melbourne
604/196-206 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 895m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (June 2015)
This magnificent corner apartment in a boutique stylish block comprises of open plan living room with closed verandah for all year entertaining enjoying a beautiful outlook to the Albert Park Lake and CBD. A stunning appointed modern kitchen with stainless steel appliances, 2 bedrooms both with built in robes, ensuite bathroom and a central bathroom with bath. Further complimenting this apartment is a European laundry, heating and cooling, 2 secure basement carparks, storage cage and a gymnasium. Only moments to to the CBD, Aquatic Centre, beach, shops, cafes, schools and the vibrant Albert Park and South Melbourne shopping districts this is city living at its best! Inspect by private appointment or as advertised. Open for inspections are subject to change and should be checked the evening prior.
Property History for 604/196-206 Albert Rd, South Melbourne, VIC 3205
- 03 May 2021Sold for $490,000
- 20 May 2015Listed for Rent - Price not available
- 27 Jun 2011Sold for $825,000
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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 11,284 properties. Over the last 5 years, Houses in South Melbourne have seen a -1.21% decrease in median value, while Units have seen a -5.71% decrease. As at 28 February 2025:
- The median value for Houses in South Melbourne is $1,631,239 while the median value for Units is $599,620.
- Houses have a median rent of $700 while Units have a median rent of $625.
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