2107/38 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

2107/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 993m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 May 2026
Low

High
Save

Property Details for 2107/38 Albert Rd, South Melbourne

2107/38 Albert Rd, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 993m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in February 2025.

Building Type
Unit
Year Built
2013
Floor Size
57m2
Land Size
993m2
Local Government
Port Phillip
Lot/Plan
2107/PS638816

Last Listing description (April 2025)

• Level 21 apartment with breathtaking views
• 65m2 in total
• Sleek design by Rothe Lowman architects

• Open-plan living with timber floors throughout
• Gourmet kitchen with premium Miele appliances
• Spacious bedroom, study, and private balcony
• Split-system heating/cooling for year-round comfort
• Exclusive amenities: rooftop, gym, and garden
• Prime location near Botanic Gardens and CBD
• Secure carpark and storage cage on title
• Available with vacant possession

Situated on level 21 of the prestigious Rothe Lowman-designed 'Albert Tower,' this luxurious one-bedroom-plus-study apartment represents the pinnacle of contemporary living in South Melbourne. Perfect for professionals, first-home buyers, or investors, this stunning property blends sophistication and convenience, all while offering breathtaking views. Nestled in one of Melbourne's most sought-after pockets, it provides an unparalleled lifestyle just moments from the city's best attractions.

Showcasing sleek contemporary design and cutting-edge finishes, the apartment features timber floors throughout its open-plan living and dining area, exuding elegance and warmth. The gourmet kitchen is appointed with premium Miele appliances and stone-top benches, delivering both style and practicality. A private balcony captures spectacular views, while a spacious bedroom, a dedicated study, and split-system heating and cooling ensure maximum comfort and versatility.

Beyond the apartment, residents enjoy access to exclusive building amenities, including a building manager, private retreat, communal garden, gymnasium, and a rooftop dining area designed for entertaining. The location is second to none, with the Royal Botanic Gardens, Albert Park Late, South Melbourne Market, and the vibrant CBD all within walking distance. Whether you're seeking a refined lifestyle or a smart investment opportunity, this apartment delivers it all.

Property History for 2107/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$450,000
24 Feb 2025
Listed for Rent
10 May 2021
  • 24 Feb 2025
    Sold for $450,000
  • 31 Jan 2025
    Listed for Sale $450,000 - $495,000
  • 17 Aug 2021
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 12,856 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 35 properties listed for sale, and 32 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 475 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.