SOLD
Sold on 25 May 2024 for $661,000

805/50 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 78m2
Land area: 1647m2
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Property Details for 805/50 Albert Rd, South Melbourne

805/50 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2013. The property has a land size of 1647m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
78m2
Land Size
1647m2
Local Government
Port Phillip
Lot/Plan
805/PS640463

Last Listing description (July 2024)

Step into the lap of luxury at 'Fifty Albert,' an award-winning building nestled in the picturesque enclave of South Melbourne, surrounded by the verdant Botanical Gardens and serene Albert Park Lake.

Perched on the 8th floor, this exceptional apartment boasts an extraordinary outdoor space with a unique double balcony, offering unparalleled vistas that are truly one of a kind. Perfect for entertaining or simply unwinding against the backdrop of the bustling cityscape, it's a rare gem that epitomizes city living at its finest.

Indulge in the opulence of this 2-bedroom residence, where every detail exudes elegance and style. From the master suite adorned with mirrored built-in-robes and an ensuite to the secondary bedroom with its own built-in-robe and access to a second bathroom, comfort and luxury await at every turn.

The apartment features a chic lounge area seamlessly flowing into a modern stone-clad open-plan kitchen, complete with top-of-the-line Miele gas appliances and integrated fridge and freezer. Additional amenities such as a European laundry, heating and cooling, and a secure car park with a storage cage ensure convenience and ease of living.

Unwind and take in the breathtaking views from the iconic rooftop terrace, offering a panoramic outlook of Melbourne City, Albert Park Lake, the Bay, and the Dandenong Ranges. It's a space where you can truly savor the essence of city life.

Residents of Fifty Albert enjoy a lifestyle of luxury and leisure, with access to a 24-hour concierge service, a comprehensive health club featuring gyms, sauna, spa, and massage room, as well as barbecue areas on the rooftop and two inviting lounges with open gas fireplaces.

Step outside and immerse yourself in the vibrant atmosphere of South Melbourne, with renowned cafes like "The Kettle Black" just moments away. With easy access to CBD restaurants via tram and the option to explore South Melbourne Beach, Fifty Albert offers the ultimate urban sanctuary for those seeking the perfect blend of style and convenience.

Property History for 805/50 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$661,000
25 May 2024
Listed for Rent
$530/w
07 Feb 2022
  • 25 May 2024
    Sold for $661,000
  • 19 Apr 2024
    Listed for Sale Not Disclosed
  • 07 Dec 2021
    Listed for Rent - Price not available
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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.
There are currently 37 properties listed for sale, and 43 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 442 properties were sold in the past 12 months in South melbourne.

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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.