2405/89 Gladstone Street, South Melbourne, VIC 3205 sold on 07 February 2025 | OnTheHouse
SOLD
Sold on 07 Feb 2025 for $545,000

2405/89 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 63m2
Land area: 813m2
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Property Details for 2405/89 Gladstone St, South Melbourne

2405/89 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 813m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
63m2
Land Size
813m2
Local Government
Port Phillip
Lot/Plan
2405/PS735510

Last Listing description (February 2025)

Backdropped by a stunning skyscraper skyline and sweeping horizon vistas, this luxe two-bedroom, corner apartment in the ?Gravity Tower? is a true urban oasis within dynamic lifestyle surrounds. Cocooned in a quiet bubble of double glazing, the home is a quiet sanctuary for everyday living, brimming with natural light and on-trend styles.

Maximising northern sunshine by day and glittery Dockland views by night, the home is wrapped by a border of floor-to-ceiling windows to create an uplifting setting for everyday living and vibrant entertaining.

The open plan layout allows room for relaxation and dining over sleek Oak floorboards, stretching onto a wide balcony for picturesque indoor-outdoor enjoyment. The kitchen hosts guests at a stone-topped breakfast bar, providing a full appointment of Bosch appliances and a concealed fridge space.

Each bedroom is equipped with mirrored built-in robes, serviced by two chic bathrooms dressed in stone hues, including a private ensuite to the main bedroom. Finished with a European laundry, plus a secured carparking space, the home assures comfort and security with split system air-conditioning, video intercom and fob entry, plus lift access.

Pampering a relaxing city-fringe lifestyle, the ?Gravity Tower? provides residents with an exclusive collection of rooftop facilities, including a fireside media lounge, a teppanyaki grill and barbecue kitchen, an outdoor cinema, and two spas, all topped by magnificent views from Port Phillip Bay to the Docklands and City skylines.

Set among a tantalising array of caf?s, restaurants, and bars, and the South Melbourne Market, South Wharf DFO, and city-bound trams, the home has everything within reach, while a leisurely stroll from all the indulgences of Docklands and the city, plus Southern Cross station and Marvel Stadium.

Property History for 2405/89 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$545,000
07 Feb 2025
Listed for Rent
$690/w
09 Mar 2023
  • 07 Feb 2025
    Sold for $545,000
  • 14 Jan 2025
    Listed for Sale Not Disclosed
  • 16 Oct 2024
    Listed for Sale $555,000
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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 12,877 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:

  • The median value for Houses in South Melbourne is $1,744,641 while the median value for Units is $633,273.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 36 properties listed for sale, and 40 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 494 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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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.