23 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

23 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 300m2
Land area: 207m2
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Property Details for 23 Palmerston Cres, South Melbourne

Building Type
Commercial
Floor Size
300m2
Land Size
207m2
Local Government
Port Phillip
Lot/Plan
1/PS638893

Last Listing description (May 2019)

TeskaCarson are pleased to offer this exceptional standalone office building in South Melbourne for lease.

Located between Kings Way and St Kilda Road, the surrounding area offers an abundance of lifestyle amenities such as caf s, restaurants and the Royal Botanic Gardens within walking distance.

The space, split over two floors, offers both glass partitioned offices and an open-plan layout, with each floor fully self-contained with bathroom and kitchenette facilities.

- Area: 306m2
- 4 car parks available

Please do not hesitate to call for further information or to arrange an inspection.

Property History for 23 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,495,500
22 Oct 2015
Listed for Rent
09 May 2019
  • 27 Mar 2018
    Listed for Rent - Price not available
  • 04 Mar 2016
    Listed for Rent $79,000 / year
  • 22 Oct 2015
    Sold for $1,495,500
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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 12,921 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:

  • The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 34 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 469 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.