1701/38 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
 
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1701/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 993m2
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Last updated 26 Jan 2026
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Property Details for 1701/38 Albert Rd, South Melbourne

1701/38 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 60m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2013
Floor Size
60m2
Land Size
993m2
Local Government
Port Phillip
Lot/Plan
1701/PS638816

Last Listing description (July 2023)

Surrounded by iconic landmarks and the hum of the city fringe, this corner apartment is a welcome reprieve perched high above the humdrum. With north west light and extensive glazing, this sleek urban pad enjoys a mesmerizing skyline view all the way to the bay.

This modern home comprises an open plan living and dining zone with striking windows opening onto a full width balcony and overlooked by a sleek stone kitchen with mirrored splashbacks and terrific storage (gas cooking & dishwasher). Two bright robed bedrooms are separated by a gleaming white bathroom with walk in shower. Also features a discreet Euro laundry, RC/AC, wood floors and car parking for one in a block with thoughtful amenities including building manager, communal gardens, gym and rooftop dining.

Centrally located between The Shrine, The Royal Botanic Gardens, Albert Park Lake and Fawkner Park for all your leisurely desires as well as a short walk to Domain Road or South Melbourne for cafes and Restaurants or easy access into the city.

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Property History for 1701/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$585,000
23 Jul 2023
Listed for Rent
05 Mar 2021
  • 23 Jul 2023
    Sold for $585,000
  • 01 Jun 2023
    Listed for Sale Under Offer
  • 04 Aug 2021
    Listed for Rent - Price not available
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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 12,879 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 36 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.

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© 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.

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