2408/50 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

2408/50 Albert Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 1644m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 19 Jan 2026
Low

High
Save

Property Details for 2408/50 Albert Rd, South Melbourne

2408/50 Albert Rd, South Melbourne is a 1 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 50m2. While the property is not currently for sale or for rent, it was last transferred in May 2023.

Building Type
Unit
Year Built
2013
Floor Size
50m2
Land Size
1644m2
Local Government
Port Phillip
Lot/Plan
2408/PS640463

Last Listing description (December 2024)

Welcome to your new urban oasis at 2408/50 Albert Road, South Melbourne! This stunning high-rise apartment offers the perfect blend of modern living and convenience, ideal for professionals or couples seeking a vibrant lifestyle in one of Melbourne's most sought-after neighborhoods.

Property Features:
- Bedrooms:1 spacious bedroom with built-in robes, providing ample storage and a cozy retreat.

- Bathrooms: 1 stylish bathroom featuring contemporary finishes.
- Garage: Secure parking for 1 vehicle, ensuring peace of mind in the bustling city.
- Living Space: Enjoy a bright and airy open-plan living area that seamlessly flows onto your private balcony, perfect for relaxing or entertaining with stunning urban views.
- Kitchen: Fully equipped with a dishwasher and modern appliances, making meal prep a breeze.
- Climate Control: Stay comfortable year-round with reverse cycle air conditioning.

Building Features:
- Secure entry to the apartment building, providing an added layer of safety.
- A well-maintained common area that enhances the overall living experience.
- The building offers you a cafe, a gym, yoga studio, sauna, massage, beauty rooms and a plunge pool.

The rooftop at Fifty Albert is beautifully landscaped, offering residents breathtaking views of the city, Albert Park Lake and the bay, and hosts an array of exclusive communal entertaining areas including a sun deck, spa baths, BBQs areas, cosy lounges with open gas fire, a poker room, a cinema room and conference centre with kitchen. These add yet another dimension to your home and way of life.

Location:
Nestled in the heart of South Melbourne, this apartment is just moments away from an array of cafes, restaurants, and shops. Enjoy easy access to public transport and the vibrant South Melbourne Market, making it an ideal spot for those who love to explore the city.

Don't miss out on this fantastic opportunity to lease a modern apartment in a prime location! Contact us today to arrange a viewing and make this beautiful space your new home.

Property History for 2408/50 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Transferred
23 May 2023
Listed for Rent
$530/w
09 Dec 2024
  • 25 Nov 2024
    Listed for Rent $530 / week
  • 23 May 2023
    Transferred
  • 22 Jul 2022
    Listed for Rent $450 / week
Sign in to see more transactions
Commute Calculator

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 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 34 properties listed for sale, and 32 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 478 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.