131 Nelson Rd, South Melbourne is a 3 bedroom, 1 bathroom House. The property has a land size of 128m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
A classical blank canvas, ready and waiting for a contemporary renewal, this traditional, double-story, three-four bedroom Victorian residence is distinguished by the stately grandeur, rock-solid bones and regal sense of proportion that are so defining of its original era. Exclusively cast on the city's southern fringe, just metres from St Vincents Gardens and Albert Park Village, this is an opportunity to bring your own vision to an inner-suburban classic.
Priceless potential is encapsulated in this home with towering ceilings, Baltic Pine flooring, and a kitchen / meals that can be opened-up to a rear north facing courtyard, as well as a formal lounge with an open fireplace and a dining room. Upstairs, one of the three bedrooms has been updated with its own kitchen - which may come in handy through the renovation process - plus there is a traditional top-floor balcony off the main bedroom. Just a few minutes by tram from the CBD and Southbank, this brilliant location allows you to choose between the vibrancy of Clarendon St and the more sedately paced Bridport St for you coffees, wines, a bite to eat or your shopping, plus you have South Melbourne Market nearby and excellent local schooling at Albert Park College and at Albert Park Primary School.
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 12,896 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.36% increase in median value, while Units have seen a 4.53% increase. As at 31 March 2026:
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