710/148-150 Wells StreetSouth Melbourne VIC 3205
Property Details for 710/148-150 Wells St, South Melbourne
710/148-150 Wells St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 93m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.
Last Listing description (February 2024)
The elevated position of this seventh floor two bedroom apartment in 'The Tower' offers views from the sunny balcony over the central garden area and exclusive resident amenities; tennis court, gym and indoor heated lap pool.
The spacious open-plan kitchen/dining/living areas flow cohesively together and have been designed with style and the entertainers kitchen is well appointed with stone bench tops providing plenty of preparation space, ample storage options and a meals area with stainless steel appliances and gas cooktop.
Both bedrooms have a generous layout, the main with walk-in-robes and ensuite, the second with extensive built-in-robes and is serviced by the central bathroom which also houses the euro style laundry including tub.
This residence offers city-fringe living in the heart of Melbourne's vibrant Arts Precinct with access to local cafes, the CBD, excellent public transport, the Alfred Hospital and the Royal Botanic Gardens as well as the delights of South Melbourne and the bay.
Property History for 710/148-150 Wells St, South Melbourne, VIC 3205
- 24 Feb 2024Sold for $706,000
- 14 Feb 2024Listed for Sale Private Sale: $650,000 - $715,000
- 10 Oct 2021Listed for Rent $550 / 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 11,214 properties. Over the last 5 years, Houses in South Melbourne have seen a 35.74% increase in median value, while Units have seen a 2.45% increase. As at 31 August 2024:
- The median value for Houses in South Melbourne is $1,791,704 while the median value for Units is $597,361.
- Houses have a median rent of $750 while Units have a median rent of $625.
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