OFF MARKET

619/253-273 Normanby Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 2 Sep 2024
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Property Details for 619/253-273 Normanby Rd, South Melbourne

619/253-273 Normanby Rd, South Melbourne is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Port Phillip

Property History for 619/253-273 Normanby Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
  • 20 May 2022
    Listed for Sale $508,000

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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 11,208 properties. Over the last 5 years, Houses in South Melbourne have seen a 41.91% increase in median value, while Units have seen a 3.21% increase. As at 31 July 2024:

  • The median value for Houses in South Melbourne is $1,819,918 while the median value for Units is $588,528.
  • Houses have a median rent of $760 while Units have a median rent of $620.
There are currently 35 properties listed for sale, and 49 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 441 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.