2404/50 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
 
OFF MARKET

2404/50 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 1644m2
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Last updated 26 Jan 2026
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Property Details for 2404/50 Albert Rd, South Melbourne

2404/50 Albert Rd, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1644m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Unit
Year Built
2013
Floor Size
48m2
Land Size
1644m2
Local Government
Port Phillip
Lot/Plan
2404/PS640463

Last Listing description (January 2025)

Perfectly poised to enjoy exhilarating bay and city views, this sophisticated two-bedroom apartment stylishly reveals first-class contemporary comfort, free-flowing function and dynamic resort-style convenience. Nestled on the twenty-fourth floor of the Fifty Albert building, occupants can revel in a supremely convenient South Melbourne location, delivering an outstanding access to Albert Park Lake, South Melbourne Market, Royal Botanic Gardens, NGV, transport options plus the CBD.

Master bedrooms with built-in-robe and balcony access
Second robed bedroom offering the convenience of a fold-away bed

Stylish central bathroom with toilet
Open plan living and dining zone flowing over contemporary flooring
Sleek stone-finished kitchen with island bench
Stainless steel appliances including semi-integrated dishwasher
Covered balcony showcasing blue bay and stunning city views
European laundry
Rooftop terrace with spa and BBQ's
Resort-style facilities including gym, cinema, pool, spa and sauna
Basement parking space and storage cage
A hop, skip and a jump from Albert Park Lake
Take a leisurely wander to the Royal Botanic Gardens
Moments from South Melbourne Market, Arts Centre and CBD

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Property History for 2404/50 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$500,000
04 Oct 2024
Listed for Rent
$560/w
05 Dec 2022
  • 04 Oct 2024
    Sold for $500,000
  • 17 Sep 2024
    Listed for Sale $500,000
  • 02 Dec 2022
    Listed for Rent $560 / week
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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 12,880 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.14% increase in median value, while Units have seen a 6.21% increase. As at 31 December 2025:

  • The median value for Houses in South Melbourne is $1,743,660 while the median value for Units is $637,243.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 35 properties listed for sale, and 33 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 482 properties were sold in the past 12 months in South melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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