1505/38 Albert Road, South Melbourne, VIC 3205 sold on 19 December 2025 | OnTheHouse
 
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Sold on 19 Dec 2025 for $615,000

1505/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 74m2
Land area: 993m2
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MRE South Yarra
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Property Details for 1505/38 Albert Rd, South Melbourne

1505/38 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 993m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
74m2
Land Size
993m2
Local Government
Port Phillip
Lot/Plan
1505/PS638816

Last Listing description (February 2026)

Positioned within the renowned Rothe Lowmandesigned Albert Tower, this bespoke apartment delivers a refined blend of sophistication, exclusivity, and unmatched lifestyle convenience.
An elegant open-plan layout is framed by stunning timber floors and full-height windows that bathe the interior in natural light. The beautifully appointed kitchen showcases sleek stone benchtops and premium appliances, creating a stylish and functional space for everyday living and entertaining.
The oversized main bedroom features a luxurious ensuite and built-in robes, while the second robed bedroom enjoys its own balcony access and is serviced by a chic central bathroom. Completing the picture is split-system heating and cooling, a generous entertainer's balcony, and a secure, dedicated car space.

Residents are treated to an impressive collection of first-class amenities, including an on-site building manager, private resident retreat, communal garden, fully equipped gym, and an elevated rooftop dining area with breathtaking views.
Perfectly positioned in one of South Melbourne's most desirable buildings, this home places you just moments from the Royal Botanic Gardens, South Melbourne Market, Albert Park Lake, and effortless transport into the CBDoffering a lifestyle of exceptional comfort and convenience.

Whilst we endeavour to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the property owner and we therefore accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 1505/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$615,000
19 Dec 2025
Listed for Rent
$700/w
23 Jan 2023
  • 19 Dec 2025
    Sold for $615,000
  • 09 Dec 2025
    Listed for Sale $615,000
  • 04 Aug 2023
    Listed for Rent $700 / 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 12,880 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 35 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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