703/97 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for 703/97 Palmerston Cres, South Melbourne
703/97 Palmerston Cres, South Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2015. The property has a land size of 79m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.
Last Listing description (September 2024)
Reveling in state-of-the-art styling and extraordinary views of the city skyline, this dynamic apartment in the architecturally designed Orbis building, creates an alluring lifestyle or investment proposition in a privileged South Melbourne position where you're treated with easy access to Albert Park Lake, Botanic Gardens, South Melbourne Market, Clarendon Street shops and cafes, MSAC Port Melbourne Beach and public transport options.
- Master bedroom with built-in-robe and ensuite
- Second robed bedroom serviced by a bathroom with toilet
- Sleek stone kitchen boasting quality appliances
- Covered balcony showcasing sweeping city skyline views
- Euro laundry
- Ducted heating/cooling
- Storage cage
- Ground level parking for two cars (tandem)
- Stroll to Albert Park Lake and MSAC
- Near South Melbourne Market
- Moments from Botanic Gardens and beaches
Property History for 703/97 Palmerston Cres, South Melbourne, VIC 3205
- 25 Nov 2023Sold for $730,000
- 02 Oct 2023Listed for Sale Not Disclosed
- 17 Nov 2022Listed for Rent $600 / week
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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.
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