203/196-206 Albert RoadSouth Melbourne VIC 3205
Property Details for 203/196-206 Albert Rd, South Melbourne
203/196-206 Albert Rd, South Melbourne is a 2 bedroom, 0 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 895m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (February 2023)
Live year-round with spectacular lakefront views and enjoy the allure of inner-urban amenities on your doorstep from this sophisticated double-storey, 2-bedroom Silverpoint apartment.
Impressive open-plan proportions connect the interior with its privileged setting on the edge of Albert Park Lake, enhanced by a surprisingly large terrace that welcomes year-round enjoyment and privacy with overhead cover and external shutters. An all-white stone-bench kitchen equipped with Miele appliances flows onto the entertaining space, enriching the alfresco spirit through bi-fold doors.
Downstairs, the two robed bedrooms are quietly positioned to take in the views with access to the secondary terrace, including the main with a huge spa-ensuite, each supplemented by a glistening family bathroom.
Step outside to find great cafe culture, fine dining and trams, whilst MSAC, Albert Park Village and Clarendon Street retail are just a short stroll away. Closer to home, residents can enjoy exclusive use of Silverpoint's amenities, including a private gym, library and reception room, whilst the apartment features split system heating and cooling, ample storage, European laundry and secure side-by-side parking for two cars.
Property History for 203/196-206 Albert Rd, South Melbourne, VIC 3205
- 18 Feb 2023Sold for $1,275,000
- 18 Jan 2023Listed for Sale Auction Saturday 18th February at 12.30pm
- 13 Oct 2016Sold for $1,150,000
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0About 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 12,877 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.10% increase in median value, while Units have seen a 5.96% increase. As at 31 January 2026:
- The median value for Houses in South Melbourne is $1,777,710 while the median value for Units is $634,357.
- Houses have a median rent of $725 while Units have a median rent of $650.
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