11/79-81 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

11/79-81 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Floor area: 220m2
Land area: 331m2
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Property Details for 11/79-81 Palmerston Cres, South Melbourne

11/79-81 Palmerston Cres, South Melbourne is a 3 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 2019. The property has a land size of 331m2 and floor size of 220m2. While the property is not currently for sale or for rent, it was last transferred in March 2026.

Building Type
Unit
Year Built
2019
Floor Size
220m2
Land Size
331m2
Local Government
Port Phillip
Lot/Plan
11A/PS817914

Last Listing description (March 2022)

Culminating in a spectacular rooftop terrace with stunning glass-sided pool, this incredible penthouse has been crafted to impress. From its flawlessly curated spaces & exceptional finishes to its captivating views of Melbourne's ever-changing city skyline, it is an offering of uncompromising luxury & style.
Exclusively occupying the top two levels of a prestigious boutique group of just eleven residences, the penthouse instantly delights with its curvaceous entrance foyer, polished Venetian Plaster walls & European oak floors which flow throughout the accommodation.
Three carpeted bedrooms including the luxurious master suite are found on the lower level along with the inspired open plan living/dining rooms all with incredible views. This fabulous zone extends outside to an expansive entertainers' terrace which really is a space to envy. Approximately 14m long and taking in the most breathtaking city views, this is without doubt a space designed to bring family & friends together.

Back inside, the showpiece Aether Marble kitchen is a host's dream setting. Equipped with a full suite of Miele appliances including a fully integrated fridge/freezer, it also features beautiful brushed brass fixtures & fittings - the same finishes can be found in the lavishly appointed butler's pantry.
The highlights continue upstairs where a cosy fireplace and cleverly concealed bar & wet area with integrated Liebherr fridge are highlights, while outside a second terrace & poolside oasis looks out across the rooftops and is a space that is bound to impress all who visit.
With a host of first-class inclusions only a visit will uncover, among the standouts are zoned heating/cooling, auto blinds, custom design door handles and statement pendant lighting. There are three parking spaces & storage, and this premier address is just moments to Albert Park Lake, the South Melbourne Market, Crown Entertainment Complex and an array of fabulous cafes & restaurants.

Conjunctional Agent - Matthew Pillios 0408 145 982 - Marshall White Bayside

Property History for 11/79-81 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Transferred
11 Mar 2026
  • 11 Mar 2026
    Transferred
  • 24 Mar 2022
    Sold for $4,850,000
  • 18 Feb 2022
    Listed for Sale Contact Agent
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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 13,154 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 30 properties listed for sale, and 49 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.