22 Lyell StreetSouth Melbourne VIC 3205
Property Details for 22 Lyell St, South Melbourne
22 Lyell St, South Melbourne is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1910. The property has a land size of 110m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (August 2024)
Just steps from Lyell Iffla Reserve and positioned between South Melbourne Market, Albert Park Village, and Bay Street's dynamic retail and dining hub, this charming Victorian residence offers comfortably presented interiors and enviable rear car access, making it an exceptional opportunity in a prime location.
Orientated with a northern rear exposure, it offers a lucrative prospect for the future with the opportunity to capitalise on the all-day sun and extraordinary rear access. As is, original two-bedroom proportions with a 1960s fit-out offer an ideal canvas for an inspired renovation or architectural transformation (STCA), featuring high ceilings, timber floors, and two generous bedrooms preceding the central living room. The well-equipped kitchen adjoins a separate rear hallway that leads to a deep entertainer's courtyard with a roller door and carport providing off-street parking via Dorcas Lane.
Enviably located within a short stroll to Albert Park College, St Vincent Gardens, popular cafes, restaurants, parks, and the light rail, this classic home features air conditioning, gas heating, and ceiling fans, ensuring year-round comfort for now and prized scope in a prime location.
Property History for 22 Lyell St, South Melbourne, VIC 3205
- 30 Jul 2024Sold for $1,131,000
- 17 Jul 2024Listed for Sale $1,000,000 - $1,050,000
Recent sales nearby
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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 12,896 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.36% increase in median value, while Units have seen a 4.53% increase. As at 31 March 2026:
- The median value for Houses in South Melbourne is $1,708,851 while the median value for Units is $653,902.
- Houses have a median rent of $820 while Units have a median rent of $665.
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