1006/50 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1006/50 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 67m2
Land area: 1644m2
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Property Details for 1006/50 Albert Rd, South Melbourne

1006/50 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1644m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2013
Floor Size
67m2
Land Size
1644m2
Local Government
Port Phillip
Lot/Plan
1006/PS640463

Last Listing description (June 2023)

Beautifully positioned on the 10th floor of the award-winning 'Fifity Albert' building, this breathtaking apartment leaves you wanting for nothing with its streamlined design and resort-style facilities delivering luxury and convenience at every turn. The perfect package for executive couples, investors or those starting out, the apartment is nestled in a fantastic location that delivers a superior inner-city lifestyle with St Kilda Rd, Botanical Gardens and Albert Park Lake all on your doorstep.

- Spacious master bedroom with mirrored built-in-robes and ensuite
- Second bedroom boasting mirrored built-in-robes

- Floor-to-ceiling tiled second bathroom with toilet
- Quality equipped kitchen with integrated dishwasher
- Carpet throughout living and dining domain
- Sliding doors onto full-length balcony
- Split system heating/air conditioning, intercom entry
- Basement car space with storage cage
- Rooftop terrace with spas and BBQ's
- Resort-style facilities including gym, cinema, pool, spa and sauna
- Stroll around Albert Park Lake and the Botanic Gardens
- Close to MSAC, restaurants and cafes
- Near the CBD, Arts Centre and transport

Property History for 1006/50 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$550,000
03 May 2023
  • 03 May 2023
    Sold for $550,000
  • 21 Apr 2023
    Listed for Sale Under Contract
  • 15 Jul 2015
    Sold for $640,000
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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 12,879 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.14% increase in median value, while Units have seen a 6.21% increase. As at 31 December 2025:

  • The median value for Houses in South Melbourne is $1,743,660 while the median value for Units is $637,243.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 36 properties listed for sale, and 33 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 474 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.