1202/38 Albert RoadSouth Melbourne VIC 3205
Property Details for 1202/38 Albert Rd, South Melbourne
1202/38 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 993m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (April 2026)
Nestled between Albert Park Lake and the Botanical Gardens, this City fringe apartment in the "Albert Towers" provides an ideal location for buyers appreciative of outdoor recreational activities.Situated on level 12 of this magnificent residential complex, this 1 bedroom abode will sure to please by providing the complete package.An open plan dining area adjoins a sheltered west facing balcony providing beautiful City Skyline views. A galley style kitchen with stone benchtop incorporates a mirrored glass splash back, integrated stainless steel appliances including a 4 gas burner stove top, Fisher Paykel drawer dishwashing machine and electric oven. Plenty of above and below bench shelving.Carpeted bedroom with mirrored robesOther features include:- Wooden floorboards in the dining and living area- Reverse cycle heating and cooling- Fully tiled bathroom with laundry alcove- Car park on title with secured storage cage in room- Study nookComplex Recreational facilities include:- Gymnasium- Dining & function room- Roof top Communal BBQ landscaped outdoor area.- Onsite manager- Security garage entryEasy access to the tram line and the freeway network.Approximately 2 km to the CBDNearby to South Melbourne market, Melbourne Sports and Aquatic Centre.Settlement: 30 daysDeposit: 10%
Property History for 1202/38 Albert Rd, South Melbourne, VIC 3205
- 09 Apr 2026Listed for Sale $440,000
- 08 Jan 2024Listed for Rent - Price not available
- 28 Oct 2022Sold for $411,000
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0About 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 12,876 properties. Over the last 5 years, Houses in South Melbourne have seen a 1.10% increase in median value, while Units have seen a 3.74% increase. As at 31 May 2026:
- The median value for Houses in South Melbourne is $1,736,032 while the median value for Units is $635,102.
- Houses have a median rent of $825 while Units have a median rent of $675.
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