2501/89 Gladstone Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

2501/89 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 58m2
Land area: 813m2
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Property Details for 2501/89 Gladstone St, South Melbourne

2501/89 Gladstone St, South Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2017. The property has a land size of 813m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
Unit
Year Built
2017
Floor Size
58m2
Land Size
813m2
Local Government
Port Phillip
Lot/Plan
2501/PS735510

Last Listing description (August 2026)

UNFURNISHED: Perfectly positioned within the sought-after Gravity Tower, this stylish apartment offers an exceptional inner-city lifestyle with breathtaking bay views from every room. Ideally located between South Melbourne, Port Melbourne, Southbank, Docklands and the Melbourne CBD, you'll enjoy easy access to renowned restaurants, cafs, public transport, shopping and Melbourne's vibrant entertainment precincts.

Inside, the apartment showcases a spacious open-plan living and dining area enhanced by high ceilings, beautiful timber flooring and floor-to-ceiling windows that capture an abundance of natural light. The generous balcony provides the perfect space to relax or entertain while taking in the impressive bay outlook.

The contemporary kitchen is thoughtfully designed with quality stainless steel appliances, ample cabinetry and excellent bench space. A separate laundry offers additional storage and a practical wash basin for added convenience.

Both bedrooms enjoy uninterrupted bay views and feature mirrored built-in robes, while the main bedroom benefits from direct access to the stylish central bathroom, creating a semi-ensuite arrangement.

Residents also have access to a rooftop terrace featuring landscaped outdoor spaces, BBQ facilities and panoramic views across the bay and Melbourne skyline, providing the perfect setting to unwind or entertain guests.

Offering an unbeatable combination of location, lifestyle and spectacular views, this is an outstanding opportunity to secure a quality apartment in one of Melbourne's most connected neighbourhoods.

Property History for 2501/89 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$547,000
19 Mar 2018
  • 22 Jul 2026
    Listed for Rent $630 / week
  • 19 Mar 2018
    Sold for $547,000
  • 27 Sep 2017
    Listed for Sale $535,000 to $560,000
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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 12,933 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.
There are currently 30 properties listed for sale, and 45 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 482 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.