1508/38 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 March 2024.
Perched on the 15th floor of Albert Tower, this two-bedroom apartment presents awe-inspiring views of Albert Park. Nestled in one of South Melbourne's sought-after buildings, the newly constructed ANZAC station is conveniently located, with the Botanic Gardens, Alfred Hospital Precinct, South Melbourne Market, and the CBD just a stroll away.
The sun-filled open-plan living/dining zone showcases luxury and quality, featuring a modern kitchen with premium Miele appliances and stone benchtops. The generous main bedroom includes a lavish ensuite/WIR, complemented by a robed second bedroom, split system heating/AC, a sizable entertaining balcony, and a designated car space. The state-of-the-art kitchen is equipped with stone benchtops, mirrored splashbacks, stainless steel appliances, a gas cooktop, and a dishwasher. Glass sliding doors in the living area open to a balcony with views stretching to the Shrine of Remembrance and Port Phillip Bay. The main bathroom is conveniently situated, and the other bedroom features mirrored robes and an ensuite bathroom.
Residents of Albert Tower enjoy access to amenities like a gym, sauna, and rooftop terrace. Additional highlights encompass a Euro laundry and secure intercom entrance, ensuring a lifestyle of opulence and security.
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 12,881 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:
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