202/97 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for 202/97 Palmerston Cres, South Melbourne
202/97 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 847m2. While the property is not currently for sale or for rent, it was last sold in December 2012.
Last Listing description (May 2026)
Positioned in the peaceful pocket between the CBD and Albert Park, this stylish apartment within the sought-after ORBIS building delivers a perfect blend of luxury, comfort, and convenience.Showcasing high ceilings, warm interior tones, and premium finishes throughout, this freshly updated residence offers an inviting and contemporary space to call home.The well-appointed layout features a generously sized, carpeted bedroom with built-in robes, complemented by a separate study ideal for those working from home or in need of extra flexibility. The sleek kitchen is equipped with quality appliances, including a dishwasher and island bench, seamlessly connecting to the light-filled living area with elegant floorboards and split-system heating and cooling for year-round comfort.Step out onto your own private, covered balcony and enjoy sweeping city views perfect for relaxing or entertaining.Additional features include:European-style laundrySecure underground car space (accessed via car hoist)Storage cageSecure building entryFreshly painted with brand new carpet throughoutAll this in a quiet yet highly connected location, moments from the best of South Melbourne, Albert Park, and the CBD.Virtual furniture*
Property History for 202/97 Palmerston Cres, South Melbourne, VIC 3205
- 07 Apr 2026Listed for Sale $460,000.00 - $505,000.00
- 22 Apr 2024Listed for Rent $530 / week
- 27 Jul 2023Listed for Rent $525 / 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 12,939 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.
Suburb Insights for South Melbourne 3205
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