114 Palmerston Crescent, South Melbourne, VIC 3205 sold on 26 February 2026 | OnTheHouse
SOLD
Sold on 26 Feb 2026 for $1,255,000

114 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 114 Palmerston Cres, South Melbourne

114 Palmerston Cres, South Melbourne is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1910. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom House sold in South Melbourne in the last 12 months.

Building Type
House
Year Built
1910
Local Government
Port Phillip
Lot/Plan
1/PS321068

Last Listing description (September 2023)

Gorgeous 1875 Victorian Terrace

This charming period home is located in a brilliant and central South Melbourne setting. Perfectly positioned, the home affords a desirable lifestyle opportunity with the CBD, Albert Park Lake/MSAC, Royal Botanic Gardens, Clarendon Street shopping and South Melbourne Market all within close proximity.

- Two generous sized bedrooms both with BIR'S

- Spacious and light filled living and dining area
- Well-equipped kitchen which leads to a sunny and private northern courtyard garden
- 1x off-street parking
- Sparkling and renovated bathroom, laundry space
- Heating/cooling.

WE KINDLY RECOMMEND REGISTERING FOR INSPECTIONS AND/OR CHECKING TIMES ON THE INTERNET 24 HOURS PRIOR TO BE KEPT UPDATED OF CANCELLATIONS.

PLEASE NOTE: PROPERTY MUST BE VIEWED PRIOR TO SUBMITTING AN APPLICATION.

Property History for 114 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,255,000
26 Feb 2026
  • 28 Aug 2023
    Listed for Rent $800 per week
  • 31 Aug 2022
    Listed for Rent $750 per week
  • 15 Jun 2020
    Listed for Rent $580 PER WEEK - 6 MONTH LEASE
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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 12,921 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:

  • The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 34 properties listed for sale, and 32 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 476 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.