1201/50 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1201/50 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 1644m2
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Property Details for 1201/50 Albert Rd, South Melbourne

1201/50 Albert Rd, South Melbourne is a 2 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 59m2. While the property is not currently for sale or for rent, it was last sold in November 2016.

Building Type
Unit
Year Built
2013
Floor Size
59m2
Land Size
1644m2
Local Government
Port Phillip
Lot/Plan
1201/PS640463

Last Listing description (March 2017)

What an outstanding purchase this perfectly positioned 2 bedroom apartment could be for the savvy investor or busy professional.

Comprised of a sizeable living space with views to the water and designer kitchen with island bench, stone counter tops and stainless steel Miele appliances, this apartment is sure to impress. One bedroom with mirrored built-in robes and expansive windows, 2nd bedroom with a hidden wall bed which could also be utilised as a study or home office. There is also a stylish and functional central bathroom, undercover balcony and European laundry as well as a carpark on title.

Features include reverse cycle air-conditioning, video intercom and keyless entry, while the building is completed with luxure amenities including health club, gym, spa, BBQ facilities, meeting room, common room with TV projector & poker room.

Enjoy the cosmopolitan lifestyle this area has to offer, live in the immediate vicinity of Albert Park Lake, South Melbourne Market, and St Kilda Road transport.

Be sure to inspect, this apartment will not disappoint.

Property History for 1201/50 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$472,500
26 Nov 2016
Listed for Rent
$491/w
26 Jul 2016
  • 26 Nov 2016
    Sold for $472,500
  • 25 Oct 2016
    Listed for Sale OFFERS OVER $488,888
  • 26 Jul 2016
    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 12,881 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 28 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 489 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.