1306/32 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for 1306/32 Palmerston Cres, South Melbourne
1306/32 Palmerston Cres, South Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024.
Last Listing description (August 2026)
Discover an exceptional opportunity to secure a beautifully appointed, light-filled residence in one of South Melbournes most sophisticated lifestyle addresses Oasis Residences. Offering the ideal blend of luxury, convenience, and long-term investment appeal, this high-floor home presents effortless inner-city living at its finest. Property Highlights 3 bedrooms | 2 bathrooms | 2 secure undercover parking spaces Why it works Lifestyle & Location Perfectly positioned on the doorstep of the CBD, this residence sits within the highly acclaimed Oasis development at 1 Cobden Street. Enjoy unbeatable proximity to the iconic South Melbourne Market, Royal Botanic Gardens, Albert Park Lake, the Arts Precinct, and an endless selection of cafs, dining, and boutique retail. With multiple tram lines, easy freeway access, and the vibrant St Kilda Road corridor moments away, this address brings together convenience, culture, and calm. Ideal for professionals, families, downsizers, or investors Offering strong rental demand and long-term value growth, this premium home sits within one of South Melbournes most desirable lifestyle developments, known for its outstanding facilities and consistent owner-occupier appeal. Whats to Love Elevated views and abundant natural light from a high-floor position Spacious open-plan living and dining framed by floor-to-ceiling glass Exclusive resident facilities including rooftop infinity pool, private dining lounge, gym, library, and wellness spaces Secure, modern building designed by award-winning architects Hayball Additional features include: Two secure car spaces on title Stylish kitchen with stone benchtops and high-quality appliances Reverse-cycle heating and cooling, plus secure intercom entry Steps to South Melbourne Market, Albert Park, the CBD, and top transport links Whether you're searching for a generous city-fringe home or a blue-chip investment with proven rental prospects, this South Melbourne address delivers low-maintenance luxury in one of the areas most sought-after lifestyle communities. Enquire now to experience modern living where convenience meets sophistication.
Property History for 1306/32 Palmerston Cres, South Melbourne, VIC 3205
- 02 Jul 2026Listed for Sale Just Leased, No Inspection available
- 02 Jul 2026Listed for Rent $1,150 / week
- 14 Nov 2025Listed for Sale Award-Winning Design: $1,680,000
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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 12,940 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.88% decrease in median value, while Units have seen a -0.82% decrease. As at 31 July 2026:
- The median value for Houses in South Melbourne is $1,699,133 while the median value for Units is $613,169.
- Houses have a median rent of $850 while Units have a median rent of $675.
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