1507/32 Palmerston Crescent, South Melbourne, VIC 3205 sold on 18 May 2026 | OnTheHouse
SOLD
Sold on 18 May 2026 for $1,285,000

1507/32 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Sold By
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Kay & Burton - Stonnington
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Property Details for 1507/32 Palmerston Cres, South Melbourne

1507/32 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 May 2026. There are other 3 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Local Government
Port Phillip
Lot/Plan
1507/PS823296

Last Listing description (August 2026)

Highly acclaimed Oasis Residences, this exceptional apartment offers a sophisticated lifestyle defined by luxury, comfort and unbeatable convenience. Showcasing bespoke finishes, abundant natural light and breathtaking panoramic views, this residence delivers premium inner-city living at its finest.

Floor-to-ceiling windows capture spectacular views stretching across Port Phillip Bay, Albert Park Lake, the Melbourne CBD and the Westgate Bridge, while the spacious open-plan living and dining area seamlessly connects to a stylish stone kitchen appointed with premium appliances.

This brand-new apartment is unfurnished and features:

- Video intercom security entry
- Light-filled open-plan living and dining area with floor-to-ceiling glazing
- Designer stone kitchen with premium appliances
- Spacious master bedroom with walk-in robe and luxurious ensuite
- Two additional bedrooms with built-in robes
- Contemporary central bathroom
- European laundry
- Zoned heating and cooling throughout
- Two secure basement car spaces
- Secure storage cage

Residents will have access to amenities, including:

- Stunning rooftop swimming pool with breathtaking views
- Fully equipped gymnasium
- Sauna
- Residents' lounge
- Private dining room
- Meeting rooms ideal for working from home
- Children's playroom
- Library and piano room
- Beautifully landscaped communal gardens and outdoor spaces

** Photos are for advertising purposes only **

* TO AVOID DISAPPOINTMENT, PLEASE REGISTER TO INSPECT THIS PROPERTY *

By registering your details, you will be informed of any updates, changes or cancellations of your appointment. Please ensure you also have photo ID with you for the inspection. Register and apply early to secure this property.

Please ensure that you arrive at the commencement time of the Open For Inspection otherwise we cannot guarantee entry.

To apply for this property, please visit:

https://snug.com/apply/melcorprealestate

**The Renter must not use, permit, advertise, or offer the Premises, or any part of the Premises, for short stay, holiday, visitor, or temporary accommodation purposes (including but not limited to Airbnb, Stayz, Booking.com or similar platforms) without the express prior written consent of the Rental Provider**

Property History for 1507/32 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,285,000
18 May 2026
  • 14 Jul 2026
    Listed for Rent $1,200 / week
  • 18 May 2026
    Sold for $1,285,000
  • 15 May 2026
    Listed for Sale Sold: Undisclosed
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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 12,933 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.
There are currently 30 properties listed for sale, and 45 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.

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.