802/196-206 Albert RoadSouth Melbourne VIC 3205
Property Details for 802/196-206 Albert Rd, South Melbourne
802/196-206 Albert Rd, South Melbourne is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2005. The property has a floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in February 2006.
Last Listing description (July 2007)
VIEWS, VIEWS & MORE VIEWS
This amazing sub-penthouse overlooking the city and side views of Albert Park Lake. Three bedrooms each with their own ensuites, one boasting a large walk in robe, powder room for guests, open plan living with doors opening out to a large wrap around balcony for entertaining.
Fully air conditioned, tiled floors in living area and carpeted bedrooms, white plantation shutters throughout. Fabulous position close to Albert Park Lake. Two separate under cover car spaces on title with bonus guest car spaces available. The location is unbeatable.
Property History for 802/196-206 Albert Rd, South Melbourne, VIC 3205
- 11 Apr 2007Listed for Sale $1,500,000
- 20 Feb 2006Sold for $860,000
- 16 Nov 2005Listed for Sale 850000+
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0About 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.
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