1804/32 Palmerston Crescent, South Melbourne, VIC 3205 | Apartment for sale | OnTheHouse
 
FOR SALE
5,900,000-6,490,000

1804/32 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 280m2
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Luxurious Sub Penthouse with Panoramic Views!

Newly completed and part of Melbourne's landmark OASIS Residences, this 18th floor sub-penthouse represents the pinnacle of luxury living in a soughtafter location within South Melbourne.
Spanning 259sqm of internal space plus a 21sqm winter garden (totalling 280sqm), this home offers three suite bedrooms plus a study or a fourth bedroom, providing flexibility for families, professionals or investors. Floor-to-ceiling triple-glazed windows showcasing sweeping 180 degree panoramic views of Albert Park Lake, Port Phillip Bay and the Melbourne skyline, delivering both light and privacy.
The open-plan living and dining areas flow seamlessly to a full-length terrace - perfect for entertaining or enjoying quiet evenings above the city. A gourmet European kitchen and butler's pantry with stone benchtops and premium Gaggenau appliances complements the elegant interiors. The master retreat features a walk-in wardrobe and spa-inspired ensuite, while additional bedrooms all enjoy private ensuites and a study to provide versatile living options.
Premium Features:
• 259sqm internal + 21sqm winter garden = 280sqm total.
• 3 Suite bedrooms + study (or 4th bedroom).
• Feature fire place to living & dinning area.
• 3 Secure car spaces with EV charging facility plus additional storage cage, plus visitor carpark.
• High ceilings, timber flooring & triple-glazed windows.
• Ducted heating/cooling throughout.
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Property Details for 1804/32 Palmerston Cres, South Melbourne

1804/32 Palmerston Cres, South Melbourne is a 4 bedroom, 3 bathroom Apartment with 3 parking spaces. The property has a floor size of 280m2. The place is currently for sale with Hemu Prestige Realty.

Building Type
Apartment
Floor Size
280m2
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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 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 12,873 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:

  • The median value for Houses in South Melbourne is $1,744,641 while the median value for Units is $633,273.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 38 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 496 properties were sold in the past 12 months in South melbourne.

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Rebecca Herbst
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Michael Cementon
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Hemu Prestige Realty
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