2404/89 Gladstone Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
 
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2404/89 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 813m2
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Last updated 9 Feb 2026
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Property Details for 2404/89 Gladstone St, South Melbourne

2404/89 Gladstone St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 813m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
Unit
Year Built
2017
Floor Size
51m2
Land Size
813m2
Local Government
Port Phillip
Lot/Plan
2404/PS735510

Last Listing description (July 2023)

Located on the 24th floor of this well designed complex, this apartment enjoys uninterrupted views of Melbourne's Central Business District, Docklands, Yarra River and beyond.

Situated on vibrant Gladstone Street, these apartments offer you everything at your doorstep, a unique communal living space with three European-designed communal gardens larger than an average urban park, as well as two rooftop entertaining terraces, library lounge and a retail shopping floor with a brand new Coles supermarket.

Simply turn the key and walk into the amazing and spacious open plan living area with European Oak timber floors which are offset against the white walls and offers the incoming tenant the opportunity to convert the apartment from a blank canvas to a stylish masterpiece.

The apartments have been designed to incorporate a functional floor plan which is centred around the open plan living zone. This area incorporates a large living area leading into the kitchen zone which is finished to a luxury standard complete with stone bench tops, stainless steel gas cook top, oven and dishwasher and ample storage space. The living area opens onto the balcony which would be ideal for alfresco dining and enjoying the fantastic views .

The master bedroom is above average in size and incorporates floor to ceiling windows and mirrored built in wardrobes and is serviced by a stunning bathroom which is designed to not only impress the eye, but to be a functional space

Special Features Include:

Storage cage
Bicycle storage in the basement
Intercom system
Security swipe access throughout
Double glazed windows
North facing 11 sqm balcony
NBN and Foxtel available
Rooftop spa, BBQ, cinema and lounge area
6 star energy rating

Ideally located within a short distance to the Montague Street WestGate Freeway access, 96 and 109 light rail routes, multiple bus routes, South Melbourne Market, Bay St shopping precinct, Crown Casino, Port Melbourne beach and Docklands.

The cosmopolitan lifestyle of South Melbourne is freely available with its trendy cafes, fresh produce at the South Melbourne market. beautiful parkland surrounds and beach walking tracks,

This exceptional location on the very edge of the CBD puts you right in the heart of the best that Melbourne has to offer!

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Property History for 2404/89 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$437,500
15 Apr 2015
Listed for Rent
$475/w
05 Jul 2023
  • 22 Jun 2023
    Listed for Rent $475 / week
  • 19 Dec 2022
    Listed for Sale $385,000
  • 20 Aug 2020
    Listed for Rent $325 / 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 12,876 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.10% increase in median value, while Units have seen a 5.96% increase. As at 31 January 2026:

  • The median value for Houses in South Melbourne is $1,777,710 while the median value for Units is $634,357.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 38 properties listed for sale, and 27 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 484 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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