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Sold on 04 Dec 2024 for $350,000

704/67-71 Stead Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
Land area: 693m2
Sold By
Yorkshire Property
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Property Details for 704/67-71 Stead St, South Melbourne

704/67-71 Stead St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 693m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 1 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
47m2
Land Size
693m2
Local Government
Port Phillip
Lot/Plan
704/PS442461

Last Listing description (December 2024)

Enviable views of Albert Park Lake, contemporary living & absolute lifestyle convenience with everything on your doorstep. Take the lift to the 7th floor of the The Edge apartment block & discover a stylishly appointed apartment with a panoramic outlook. Whether youre a young professional wanting to make your mark or a savvy investor looking for a high growth location, this lock & leave apartment, ideally located on the city fringe in a thriving urban position ticks all the boxes.

Featuring a generous open plan living & dining zone bathed in natural light with sliding doors opening out to a full width entertainers balcony enjoying unobstructed views of Albert Park Lake all the way to the Bay. Further complemented by a modern well-appointed galley style kitchen with quality appliances. Also featuring a good sized bedroom with mirrored built-in robes & ensuite with laundry facilities. Other features include split system heating/cooling, panel wall heater, secure basement parking for one car & secure intercom entry. Ideally located in a convenient South Melbourne location close to Clarendon Street shops & cafes, St Kilda Road, South Melbourne Market, Albert Park Lake & with easy access to the CBD.

Property History for 704/67-71 Stead St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$350,000
04 Dec 2024
Listed for Rent
$450/w
26 Aug 2023
  • 29 Nov 2024
    Sold for $350,000
  • 25 Nov 2024
    Listed for Sale Private Sale $350,000 - $385,000
  • 18 Jul 2023
    Listed for Rent $450 / 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 11,251 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.22% increase in median value, while Units have seen a -1.85% decrease. As at 30 November 2024:

  • The median value for Houses in South Melbourne is $1,703,817 while the median value for Units is $603,220.
  • Houses have a median rent of $700 while Units have a median rent of $630.
There are currently 46 properties listed for sale, and 36 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 423 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.