2001/38 Albert Rd, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. While the property is not currently for sale or for rent, it was last sold in April 2017.
Superbly located between St Kilda and Queens Road, Albert Tower beautifully captures the spirit of inner urban living. With its unique honeycomb exterior, this iconic building is a contemporary classic, both outside and in. Presenting a modern neutral colour palette, warm timber flooring and a flowing, flexible floor plan, this stunning apartment encourages personalised interior design. Running off the entry hallway two excellently sized and carpeted bedrooms, each with roomy mirrored BIRs, are serviced by a pristine central bathroom with compact european laundry. A considered kitchen, featuring stone benches, mirrored splash back, stainless steel European appliances - including oven, gas cook top and integrated dishwasher, and ample cabinetry, is the ideal culinary space. The light filled living/dining zone is air-conditioned and extends out to a delightful covered terrace balcony offering both sky-high city, and calming bay views. Albert Towers resident amenities include a gym, sauna, residents dining room and impressive roof top common area with BBQ. Easy access to the Domain tram interchange means all that Melbourne has to offer is at your fingertips - St Kilda beach, South Melbourne market, Albert Park lake, the MCG, quality schools and the CBD are only ever minutes away. Enjoy the lifestyle or invest today.
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:
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