2002/38 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

2002/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 993m2
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Property Details for 2002/38 Albert Rd, South Melbourne

2002/38 Albert Rd, South Melbourne is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2013. The property has a land size of 993m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
Townhouse
Year Built
2013
Floor Size
53m2
Land Size
993m2
Local Government
Port Phillip
Lot/Plan
2002/PS638816

Last Listing description (July 2024)

Soar high above it all on level 20 of the highly sought after Albert Tower. Secure your low maintenance lifestyle conveniently located on the city fringe between the Botanical Gardens and Albert Park Lake. With ANZAC station soon to be completed right on your doorstep, it ticks all the boxes you have been looking for.

Be welcomed home by your long entrance hallway with a functional floorplan including a well-designed central bathroom with laundry and storage. The comfortable bedroom is carpeted and offers built-in robes. The apartment opens up at the end of the hallway with floorboards and features a galley kitchen with stone bench, stainless steel appliances, dishwasher and mirrored splashback. The open plan living and dining flows seamlessly to your undercover balcony for all year enjoyment and stunning city views.

Expected extras include split system heating/cooling, secure car space with storage cage. Residents enjoy access to the rooftop gym, sauna, dining lounge and outdoor deck with BBQ and seating. Location is second to none with easy access to the CBD, trams and train on your doorstep, Botanical Gardens, MSAC, Albert Park Lake, South Melbourne Market, Arts precinct and Yarra River.

Property History for 2002/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$428,000
19 Jun 2024
Listed for Rent
$575/w
13 May 2024
  • 19 Jun 2024
    Sold for $428,000
  • 05 Jun 2024
    Listed for Sale $410,000-$430,000 offers close 2nd July @ 11am
  • 02 Apr 2024
    Listed for Rent $575 / 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 12,878 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:

  • The median value for Houses in South Melbourne is $1,744,641 while the median value for Units is $633,273.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 37 properties listed for sale, and 42 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 497 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.