1502/89 Gladstone Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1502/89 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 60m2
Land area: 813m2
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Property Details for 1502/89 Gladstone St, South Melbourne

1502/89 Gladstone St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 813m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
Unit
Year Built
2017
Floor Size
60m2
Land Size
813m2
Local Government
Port Phillip
Lot/Plan
1502/PS735510

Last Listing description (December 2025)

UNFURNISHED - A flawless display of modern, immaculate living is on offer here with this inspired 2-bedroom, 2-bathroom and 1-car space (access via car lift; please inspect) Gladstone Street apartment, with this living experience enhanced by a breathtaking, sweeping view from the bay to the city!

The brightly lit, open-plan design of the lounge and meals zone apartment is complemented by the personal touch of feature walls.

Additional features:

- Stainless steel appliances and dishwasher
- Reverse cycle heating and cooling air conditioning
- European Oak timber flooring
- Carpeted and mirrored built-in robes in the bedrooms (Ensuite in Master)
- TV brackets in the living room and master bedroom
- European laundry facilities
- Secured entry
- Sheer curtains and block-out blinds
- Pet friendly
- Storage cage

Gravity Tower is located just moments from the South Melbourne Market, Crown Precinct, South Wharf DFO, Bay Street, Yarra River, Albert Park, Port Melbourne Beach, Clarendon Street shops, North Port Oval, Sol Green Reserve, buses, bike paths and Docklands. Tramlines at your doorstep. Easy access to the Westgate Bridge.

Inspection will impress! Book now!

Property History for 1502/89 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$590,000
17 Dec 2017
Listed for Rent
22 Dec 2025
  • 01 Dec 2025
    Listed for Rent $700 / week
  • 02 Jan 2024
    Listed for Rent $650 / week
  • 04 Jan 2023
    Listed for Rent - Price not available
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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 12,857 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 35 properties listed for sale, and 33 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 474 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Cotality Copyright and Legal Disclaimers about Property Data
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.