1604/38 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1604/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 67m2
Land area: 993m2
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Last updated 19 Jan 2026
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Property Details for 1604/38 Albert Rd, South Melbourne

1604/38 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 67m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
Unit
Year Built
2013
Floor Size
67m2
Land Size
993m2
Local Government
Port Phillip
Lot/Plan
1604/PS638816

Last Listing description (February 2024)

With a prestigious address and high-quality finishes, this bespoke apartment epitomises the finest Melbourne lifestyle, offering a sanctuary infused with cascades of natural light, premier privacy and spectacular views. Luxury and first-class quality are immediately displayed with the sun-soaked open-plan living/dining zone, including a sleek kitchen boasting premium Miele appliances and stone benchtops. The over-sized main bedroom is fitted with a luxe ensuite/BIR, and further enhanced by an additional robed bedroom, split system heating/AC, large entertaining balcony and car space. Located in one of South Melbourne's most popular buildings, a short stroll to the Botanic gardens, South Melbourne Market and the CBD. Exclusive residents' facilities are also part of the package: building manager, private retreat, communal garden, indoor gymnasium and private rooftop dining area.

To arrange a time to inspect this property, click Book an Inspection Time or Email Agent to access our online booking system. By registering, you will be INSTANTLY informed of any updates, changes, or cancellations for your appointment.

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

Property History for 1604/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$655,000
18 Dec 2023
Listed for Rent
$550/w
20 Jan 2022
  • 18 Dec 2023
    Sold for $655,000
  • 23 Oct 2023
    Listed for Sale Not Disclosed
  • 20 Jan 2022
    Listed for Rent $550 / 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 12,881 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:

  • 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, 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.