118 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for 118 Palmerston Cres, South Melbourne
118 Palmerston Cres, South Melbourne is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1875. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 2 bedroom House sold in South Melbourne in the last 12 months.
Last Listing description (December 2020)
Clean and comfortable in the heart of South Melbourne
Comfort and convenience are the two words best used to describe this inviting period home. Boasting conveniences such as a dishwasher, gas cook top, split system heating and cooling, panel heaters in the bedrooms and a shower over the full sized bath. Natural sunlight pours through the floor to ceiling windows in the living/dining room and the separate kitchen offers a country kitchen feel.
This house is situated in the most convenient location with Albert Park Lake, The Botanical, South Melbourne Market and transport just a few steps away.
Property History for 118 Palmerston Cres, South Melbourne, VIC 3205
- 17 Dec 2020Listed for Rent $550 per week
- 18 Nov 2014Listed for Rent $550 per week
- 23 Aug 2014Listed for Sale Not Disclosed
Recent sales nearby
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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 12,920 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.
Suburb Insights for South Melbourne 3205
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