1708/50 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1708/50 Albert Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 1644m2
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Property Details for 1708/50 Albert Rd, South Melbourne

1708/50 Albert Rd, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1644m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2013
Floor Size
50m2
Land Size
1644m2
Local Government
Port Phillip
Lot/Plan
1708/PS640463

Last Listing description (March 2024)

An instantly inviting showcase of affordable luxury, this north-facing 1 bedroom apartment offers true value for market entrants and the promise of high returns for investors. Standing out in style on the very edge of Melbourne and South Melbourne, take a short stroll to the Shrine of Remembrance, South Melbourne Market, Chapel Street, cafes, city trams as well as the currently under construction Anzac Railway Station.

The all-day warmth of northern sunlight seeps through to every square centimetre of this radiant retreat. Discover spacious open-plan living and dining alongside a chef-ready, stylish kitchen with stainless-steel Miele appliances. Comprehensive features include a robed and roomy bedroom, serviced by a fully tiled bathroom, a Euro-style laundry, split-system heating/cooling, and double glazing. Fifty Albert is graced with video intercom entry, NBN readiness, a concierge and resort-style facilities including a fully equipped gym and a rooftop BBQ terrace with panoramic views of South Melbourne. This one must head to the top of your list!

The property is tenanted till the 24th July 2023.

Property History for 1708/50 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$356,000
28 Sep 2023
Listed for Rent
$380/w
12 May 2022
  • 28 Sep 2023
    Sold for $356,000
  • 28 Jun 2023
    Listed for Sale Not Disclosed
  • 19 Apr 2022
    Listed for Rent $380 / 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 12,887 properties. Over the last 5 years, Houses in South Melbourne have seen a 11.08% increase in median value, while Units have seen a 7.33% increase. As at 28 February 2026:

  • The median value for Houses in South Melbourne is $1,779,597 while the median value for Units is $649,036.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 37 properties listed for sale, and 25 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 490 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.