1008/148-150 Wells Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1008/148-150 Wells Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 5439m2
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Property Details for 1008/148-150 Wells St, South Melbourne

1008/148-150 Wells St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 5439m2. While the property is not currently for sale or for rent, it was last sold in May 2025.

Building Type
Unit
Year Built
2000
Land Size
5439m2
Local Government
Port Phillip
Lot/Plan
1008/PS426962

Last Listing description (May 2025)

Stretching out in style on the sub-penthouse level, this stunning 1 bedroom apartment will instantly impress as a sunlit sanctuary in a serene South Melbourne precinct. Make an easy connection with the neighbourhood and stroll to multiple tram routes, Anzac trains, a superb collection of local cafes and restaurants, Royal Botanic Gardens greenery, the arts precinct, St Kilda Road Woolworths, and South Melbourne Market.

Owning a 10th floor placement in the mid-rise Tower building, wide-reaching open-plan living and dining sits alongside a sparkling kitchen with a breakfast bar, full-sized dishwasher, and a 4-burner gas cooktop. Floor-to-ceiling glass slides open to reveal an undercover balcony showcasing a genuine feel of space with picturesque views sweeping over the neighbourhood before landing on the blue waters of Port Phillip Bay. Sharing a similar outlook, the supersized bedroom is filled with natural light, serviced by mirrored built-in robes and a central bathroom graced with a shower over a bathtub.

Take advantage of secure car parking, European laundry with a sink and wall-mounted dryer, split-system heating and cooling, and slimline Venetian blinds. Tower residents enjoy intercom security and resort-grade use of a heated indoor pool, fully equipped gym, tennis court and a BBQ terrace. First home owners, astute investors, and those on the lookout for a convenient inner-city base will all appreciate the value on offer. Inspect today!

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Outgoings:
Council Rates: $233.93 per quarter approx.
Water Rates: $175.00 per quarter approx.
Owners Corporation Fees: $995.44 per quarter approx.

Property History for 1008/148-150 Wells St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$441,000
27 May 2025
  • 27 May 2025
    Sold for $441,000
  • 12 May 2025
    Listed for Sale $441,000
  • 18 Mar 1999
    Sold for $195,000
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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 12,937 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 29 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 484 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.