1/182 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1/182 Albert Road
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 158m2
Land area: 600m2
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Property Details for 1/182 Albert Rd, South Melbourne

1/182 Albert Rd, South Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 600m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2004
Floor Size
158m2
Land Size
600m2
Local Government
Port Phillip
Lot/Plan
1/PS445643

Last Listing description (December 2021)

Perfectly positioned on the ground level of the boutique "Laguna" building directly opposite Albert Park Lake, this sensational 160sqm residence's Japanese inspired dimensions deliver exceptional space and versatility with a wonderful sense of peaceful style and serenity. The expansive entrance incorporating a cleverly concealed fitted home office overlooks a tranquil Japanese garden, a focal point at the centre of the home. Large sliding Japanese screens separate spaces throughout. The impressively proportioned open plan living and dining room with a sleek gourmet kitchen boasting white stone benches and European appliances opens to a private courtyard with remote controlled louvres offering lake views. The generous main bedroom with stylish en-suite and walk in/built in robes accompanies a second bedroom with built in robe, a retreat or 3rd bedroom and a chic second bathroom. Walking distance to the market, trams to the city, the Domain and Clarendon St shops, it includes video intercom, panel heating, RC/air-conditioner, separate laundry, ample storage and two car spaces in the rear garage.

Property History for 1/182 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,230,000
25 Nov 2021
Listed for Rent
$870/w
15 Dec 2020
  • 25 Nov 2021
    Sold for $1,230,000
  • 27 Oct 2021
    Listed for Sale Under Offer
  • 15 Dec 2020
    Listed for Rent $870 / week
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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 12,896 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.36% increase in median value, while Units have seen a 4.53% increase. As at 31 March 2026:

  • The median value for Houses in South Melbourne is $1,708,851 while the median value for Units is $653,902.
  • Houses have a median rent of $820 while Units have a median rent of $665.
There are currently 40 properties listed for sale, and 35 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 489 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.