1301/38 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
 
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1301/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 993m2
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Last updated 26 Jan 2026
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Property Details for 1301/38 Albert Rd, South Melbourne

1301/38 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 993m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Year Built
2013
Floor Size
62m2
Land Size
993m2
Local Government
Port Phillip
Lot/Plan
1301/PS638816

Last Listing description (August 2024)

2 Bed 1 Bath 1 Car Space & 1 Storage Cage
Experience unparalleled urban living in this stunning corner apartment, offering breathtaking views of Port Phillip Bay. Positioned high above the bustling city fringe, this residence is bathed in northwest light, presenting an exquisite skyline view that transforms into a mesmerizing spectacle by night.

Key Features:
Panoramic Bay Views: Enjoy unobstructed, stunning views of Port Phillip Bay, perfect for serene mornings and enchanting evenings.
Open Plan Living: Featuring expansive windows opening onto a full-width balcony, ideal for soaking in the bay and city lights.
Sleek Stone Kitchen: Equipped with mirrored splashbacks, ample storage, gas cooking, and a dishwasher.
Bright Bedrooms: Two robed bedrooms separated by a gleaming white bathroom with a walk-in shower.
Modern Amenities: Discreet Euro laundry, RC/AC, wood floors, and car parking for one.
Facilities: Building manager, communal gardens, gym, and rooftop dining with panoramic city and bay views.
Prime Location:
Centrally located among iconic landmarks:
Leisurely Escapes: The Shrine, The Royal Botanic Gardens, Albert Park Lake, and Fawkner Park.
Urban Conveniences: A short walk to Domain Road or South Melbourne for cafes and restaurants, and easy access to the city.
Nearby Attractions: South Melbourne Market, Botanic Gardens, and the CBD.
Embrace the epitome of city living in one of South Melbourne's most sought-after buildings, where the shimmering bay view meets the vibrant cityscape, ensuring a lifestyle of luxury and comfort.

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Property History for 1301/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$480,000
14 Aug 2024
Listed for Rent
$455/w
17 Nov 2021
  • 14 Aug 2024
    Sold for $480,000
  • 09 Jul 2024
    Listed for Sale $490,000 - $520,000
  • 09 Nov 2021
    Listed for Rent $455 / week
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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 12,879 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 36 properties listed for sale, and 33 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 482 properties were sold in the past 12 months in South melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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