2206/89 Gladstone Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

2206/89 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 60m2
Land area: 75m2
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Property Details for 2206/89 Gladstone St, South Melbourne

2206/89 Gladstone St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 75m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
Unit
Year Built
2017
Floor Size
60m2
Land Size
75m2
Local Government
Port Phillip
Lot/Plan
2206/PS735510

Last Listing description (February 2026)

UNFURNISHED - Positioned high on the 22nd floor of the sought-after Gravity Tower, this impressive apartment captures sweeping city views and delivers a stylish, low-maintenance lifestyle in a premier inner-city location.

The home features a generous open-plan living and dining area, complemented by a sleek kitchen with stone benchtops and quality stainless steel appliances - ideal for everyday living and entertaining alike.

Floor-to-ceiling windows and sliding doors enhance the sense of space and light, seamlessly connecting the interior to the outdoors. Both bedrooms include built-in robes and enjoy excellent natural light, while the master bedroom is serviced by a modern ensuite finished with contemporary tiling. The central bathroom is equally well appointed, offering ample storage and a refined finish.

- Split system cooling and heating air conditioning
- Discreet Euro laundry
- Designated private car park (regular space, through car elevator)
- 750m to South Melbourne Markets
- 1.9km to Albert Park
- 1.9km to Port Melbourne Beach
- 2.4km to Flinders Street Station

Additional features include split-system heating and cooling, a concealed European laundry, and a secure car space.

Residents of Gravity Tower enjoy exclusive access to premium amenities, including a rooftop spa, cinema, residents' lounge and BBQ area. Perfectly positioned close to South Melbourne Market, Albert Park Lake, and Port Melbourne Beach, with easy access to public transport and the CBD just moments away.

Property History for 2206/89 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$627,500
21 Aug 2017
Listed for Rent
17 Feb 2026
  • 13 Jan 2026
    Listed for Rent $750 / week
  • 18 Nov 2024
    Listed for Rent $650 / week
  • 31 Aug 2023
    Listed for Rent $600 / week
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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 12,852 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 29 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 477 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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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.