1406/50 Albert RoadSouth Melbourne VIC 3205
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Sophisticated 2 Bedroom, 2 Bathroom Apartment with Island Bench & Exceptional Amenities
Property Details for 1406/50 Albert Rd, South Melbourne
1406/50 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for rent with The Hopkins Group.
About South Melbourne 3205
The size of South Melbourne is approximately 2.2 square kilometres. There are 15 parks, covering nearly 3.3% of the total area. The population of South Melbourne in 2016 was 10920 people. By 2021 the population was 11548 showing a population growth of 5.8% 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 over $4000 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation.In 2021, 42.40% of the homes in South Melbourne were owner-occupied compared with 40.20% in 2016.
South Melbourne has 12,939 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.88% decrease in median value, while Units have seen a -0.82% decrease. As at 31 July 2026:
- The median value for Houses in South Melbourne is $1,699,133 while the median value for Units is $613,169.
- Houses have a median rent of $850 while Units have a median rent of $675.
Suburb Insights for South Melbourne 3205
Market Insights
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