OFF MARKET

704/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 68m2
Land area: 967m2
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Property Details for 704/38 Albert Rd, South Melbourne

704/38 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 967m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last transferred in August 2021.

Building Type
Unit
Year Built
2013
Floor Size
68m2
Land Size
967m2
Local Government
Port Phillip
Lot/Plan
704/PS638816

Last Listing description (June 2023)

This architecturally designed apartment located in the prestigious Domain Precinct and comes with an oversized terrace.

This apartment offers a state of the art kitchen with stone bench tops, mirrored splashbacks, European stainless steel appliances with gas cooktop and dishwasher. The air conditioned living space is well designed and light filled with glass sliding doors opening to the large balcony. The bedrooms boast ample cupboard space and are both serviced by two stunning bathrooms that are designed to not only impress the eye, but to be a functional space. The apartment comes complete with Euro Laundry and a large storage cage.

Living in Albert Tower provides access to a gym, sauna, roof top terrace, residents lounge and much more.

Located just a moments' walk to the Royal Botanic Gardens, the CBD, South Melbourne Market, Albert Park Lake and much more, this property provides a lifestyle second to none

Property History for 704/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Transferred
07 Aug 2021
Listed for Rent
$700/w
08 Jun 2022
  • 01 Apr 2022
    Listed for Rent $700 / week
  • 09 Nov 2021
    Listed for Rent - Price not available
  • 07 Aug 2021
    Transferred
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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 11,173 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 34 properties listed for sale, and 55 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 414 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.