1601/38 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1601/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 993m2
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Property Details for 1601/38 Albert Rd, South Melbourne

1601/38 Albert Rd, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 993m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
2013
Floor Size
61m2
Land Size
993m2
Local Government
Port Phillip
Lot/Plan
1601/PS638816

Last Listing description (November 2020)

Inspection by appointment only

Inspection times available week days between 5pm -7pm and Saturday 11:00 am-1:00 pm.
Appointments must be made to gain access.

Whether it's Albert Park Lake or St Kilda Rd gardens, meeting friends at MSAC or South Melbourne Market, or taking an easy tram ride into the CBD, it is all accessible from this brilliantly located apartment.

Both bedrooms feature built in robes and external windows, allowing in natural light and air.

The modern kitchen features stainless steel appliances, good storage, dishwasher and mirrored splashback. The sleek central bathroom includes euro laundry.

Open plan living/dining leads to your own private balcony with stunning views across South Melbourne and the bay.

Features also include:
- Secure basement parking
- Storage cage
- Secure entry

Building facilities include:
- Gym
- Sauna
- Roof top terrace with BBQ facilities
- Residents dining room

Your perfect first home, investment or city pad at the right price.

Property History for 1601/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$475,038
16 Nov 2020
Listed for Rent
$495/w
23 Feb 2016
  • 16 Nov 2020
    Sold for $475,038
  • 08 Sep 2020
    Transferred
  • 09 Aug 2020
    Listed for Sale $480,000-$520,000
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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 32 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.