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.
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.
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:
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