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 (February 2026)

- Fully Furnished
- Generous bedroom and open plan living
- Miele appliances

- Secure entrance and car park
- 200m from Anzac Station
- 200m from Albert Park Lake
- 500m from Royal Botanical Gardens

"Fifty Albert" boasts five star living with a lobby lounge served by a concierge bar upon entry, a residents' health club and indoor retreat area, and a rooftop entertainment area including spa, poker room and viewing room.

Surrounded by the very best of the inner city, the Elenberg Fraser designed luxury building offers smart, sophisticated living environments with a second-to-none suite of luxury resident facilities.

Spacious open plan living and dining area, floor to ceiling windows and undercover balcony. A quality Miele appointed stone kitchen with ample storage, spacious bedroom features mirrored BIRs, luxe central bathroom and separate laundry.

In addition, all of Fifty Albert's incredible resident advantages are available starting with a downstairs cafe, foyer lounge with open gas fire and full time concierge, to its Japanese Garden with hot spa, steam room and finally, to its magnificent landscaped rooftop that functions as an exclusive club with sun decks, hot tubs, BBQs, lounges, poker room, cinema and business centre all surrounded by spectacular views of the CBD, Albert Park Lake and the Bay.

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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
18 Feb 2026
  • 09 Feb 2026
    Listed for Rent $700 / week
  • 13 May 2021
    Listed for Rent $365 / week
  • 26 Feb 2020
    Listed for Rent $390 / 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 12,886 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 34 properties listed for sale, and 40 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 483 properties were sold in the past 12 months in South melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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