1706/89 Gladstone Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1706/89 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 66m2
Land area: 813m2
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Property Details for 1706/89 Gladstone St, South Melbourne

1706/89 Gladstone St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 813m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2017
Floor Size
66m2
Land Size
813m2
Local Government
Port Phillip
Lot/Plan
1706/PS735510

Last Listing description (May 2026)

Overflowing with northern sun, this elegant 2 bedroom, 2 bathroom apartment rises above the pack graced with million dollar views. Head downstairs and this is a lifestyle location in position perfect! Footsteps from iconic South Melbourne Market, simply stroll to Coles, DFO South Wharf, light rail to the city or a bay beach, South Melbourne Primary School, Clarendon Street shopping, Southbank attractions, and a sought-after selection of cafes, bars, pubs and restaurants.Discover spacious open-plan living and dining, underscored by a stone-topped kitchen showcasing a waterfall-edged breakfast bar, a concealed fridge space, and premium stainless-steel appliances including a dishwasher. Perched to perfection on the 17th floor of the in-demand Gravity Tower complex, floor-to-ceiling glass slides open to the star of the show! An undercover balcony highlights an uninterrupted aspect sweeping over the soaring city and Southbank skylines. Entertaining will become second nature with this full-width alfresco retreat at your disposal! Both mirror-robed bedrooms are naturally lit and generous in size, serviced by a perfect pair of designer bathrooms with full-height tiles, rainfall showers, and mirrored cabinetry. The main bedroom is graced with a sunlit study nook, while the other bedroom enjoys direct access to the balcony. Additionally, the living space plays host to a study zone with a built-in desk, ideal for working from home. Comprehensive features include secure car parking, a storage cage, Euro-style laundry, split-system heating and cooling, double glazing, roller blinds, recessed down-lighting, and the character of lightly toned European oak flooring underfoot. Highly prized Gravity Tower comes complete with intercom entry, lift access, and resort-inspired use of a spa, cinema, BBQ terrace, dining room/kitchen, and a shared fireside lounge. First home owners can securely enter the market, investors will appreciate the value, and the property provides a central base for out-of-towners. Inspect with certainty!* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 1706/89 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$575,000
08 Jul 2023
Listed for Rent
$750/w
09 May 2025
  • 16 Apr 2026
    Listed for Sale $560,000
  • 26 Mar 2025
    Listed for Rent $750 / week
  • 08 Jul 2023
    Sold for $575,000
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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 12,886 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 34 properties listed for sale, and 40 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 485 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.