1008/50 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1008/50 Albert Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 1644m2
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Property Details for 1008/50 Albert Rd, South Melbourne

1008/50 Albert Rd, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1644m2 and floor size of 55m2.

Building Type
Unit
Year Built
2013
Floor Size
55m2
Land Size
1644m2
Local Government
Port Phillip
Lot/Plan
1008/PS640463

Last Listing description (July 2021)

1008/50 Albert Road, South Melbourne
More than just an inner city address, this one bedroom apartment embraces the vibrant and modern South Melbourne lifestyle. this excellent abode is mere moments to Albert Park Lake, South Melbourne Market, and St Kilda Road transport.

Accompanied with:

- State of the art kitchen with stainless steel Miele appliances
- Integrated dishwasher
- Relaxed central living area
- Mirrored built-in robes
- Euro laundry
- Ample storage
- Reverse cycle heating and cooling
- Video intercom & keyless entry
- Spacious balcony

Building facilities include communal rooftop, amenities include health club, spa, BBQ facilities, meeting room, common room with TV projector, & poker room.

1form applications accepted.

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Property History for 1008/50 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Listed for Rent
$365/w
22 Jul 2021
  • 13 May 2021
    Listed for Rent $365 / week
  • 26 Feb 2020
    Listed for Rent $390 / week
  • 13 Nov 2017
    Listed for Rent - Price not available
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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 12,880 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 35 properties listed for sale, and 32 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.