201/148-150 Wells StreetSouth Melbourne VIC 3205
Property Details for 201/148-150 Wells St, South Melbourne
201/148-150 Wells St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 5439m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.
Last Listing description (February 2026)
An elegant mix of sunlit style, east-facing elevation and far-reaching space, this captivating 2 bedroom apartment rises above the pack in an unbeatable South Melbourne setting. Head downstairs from your second-floor retreat and the best of Melbourne opens up for you. Explore the lively arts precinct, local cafes and eateries, the sanctuary of the Royal Botanic Gardens, Woolworths shopping, Anzac trains, and multiple tram routes on St Kilda Road and Park Street.Roomy open-plan living and dining pivots a gleaming kitchen with an inviting breakfast bar and stainless-steel appliances including a 4-burner gas cooktop and a full-sized dishwasher. Step outside and instantly relax on a sheltered balcony overlooking Wells Street through leafy treetops. This private perch captures the gentle warmth of morning sun with ease, ideal for a weekend breakfast. The mirror-robed bedrooms are substantial in size and naturally lit, wonderfully serviced by a central bathroom boasting a shower over a bathtub.Additional features include secure car parking, a Euro laundry with a wall-mounted dryer, split-system heating and cooling, slimline Venetian blinds, and intercom entry. The popular Tower complex comes complete with an indoor pool, tennis court, a well-equipped gym and a BBQ area. An inspection will be rewarded!* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.Outgoings:Council Rates: $250.00 per quarter approx.Water Rates: $173.00 per quarter approx.Owners Corporation Fees: $1,524.00 per quarter approx.Potential Rental Income: $650 per week approx.
Property History for 201/148-150 Wells St, South Melbourne, VIC 3205
- 05 Jan 2026Sold for $590,000
- 12 May 2025Listed for Sale $590,000 - $640,000
- 28 Oct 2024Listed for Rent $610 / week
Recent sales nearby
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About South Melbourne 3205
The size of South Melbourne is approximately 2.2 square kilometres. There are 15 parks, covering nearly 3.3% of the 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 12,931 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.88% decrease in median value, while Units have seen a -0.82% decrease. As at 31 July 2026:
- The median value for Houses in South Melbourne is $1,699,133 while the median value for Units is $613,169.
- Houses have a median rent of $850 while Units have a median rent of $675.
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