121-123 Nelson Rd, South Melbourne is a 4 bedroom, 3 bathroom House and was built in 1912. The property has a land size of 308m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in October 2026. There are other 4 bedroom House sold in South Melbourne in the last 12 months.
Occupying an exclusive position within the St Vincent Gardens Precinct, this magnificent double-fronted, freestanding c. 1890 Victorian residence has been extensively renovated and extended by Statkus Architecture, culminating in award-winning COS Design and Hamilton Landscapes gardens, a sun-drenched pool and absolute privacy across 308sqm (approx).
Soaring ceilings and engineered oak floors establish the impressive interior proportions, with a fitted home office/fourth bedroom and bathroom preceding the substantial lower-level main suite. Its ornate open fireplace retains the Victorian character, while a custom walk-in robe with full-height storage and a luxe ensuite bring a contemporary finish. Polished concrete flooring and Venetian plaster walls mark a striking architectural transition into the expansive living and dining areas, warmed by a gas fireplace and complemented by a gourmet stone kitchen with premium Siemens appliances and a concealed scullery, ideal for entertainers. Stacked sliding doors open the living domain to a brilliant Northern sun-drenched setting, with the paved alfresco area extending naturally towards the mosaic-tiled infinity-edge pool and private landscaped surrounds. A plumbed BBQ, wood-fired pizza oven and gas outdoor fireplace make entertaining a serious proposition, while the electric awning and fully retractable flyscreen add flexibility through the seasons.
The curved concrete staircase ascends to two generous bedrooms with built-in robes, which share a stylish sky-lit bathroom with bath and heated towel rail, linked by a second living room that opens through bifold doors to a screened terrace capturing sensational city skyline views. Additional features include hydronic heating, reverse-cycle heating and cooling, C-Bus home automation, integrated HEOS sound and AV, video intercom, climate-controlled and insulated attic storage, automatic irrigation and a 5,000L water tank. Ideally positioned, it sits within walking distance of St Vincent Gardens and playground, Albert Park Tennis Club, Albert Park village shops, cafes and wine bars, the beach and the Number 1 tram, affording a quick commute to the CBD, Melbournes art and entertainment precincts and the Royal Botanic Gardens.
*approximate size
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 13,055 properties. Over the last 5 years, Houses in South Melbourne have seen a -5.62% decrease in median value, while Units have seen a 2.09% increase. As at 31 August 2026:
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