2504/259-263 Normanby Road, South Melbourne, VIC 3205 sold on 20 January 2025 | OnTheHouse
SOLD
Sold on 20 Jan 2025 for $3,100,000

2504/259-263 Normanby Road
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 235m2
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Property Details for 2504/259-263 Normanby Rd, South Melbourne

2504/259-263 Normanby Rd, South Melbourne is a 3 bedroom, 3 bathroom Unit with 2 parking spaces. The property has a land size of 235m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 3 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Land Size
235m2
Local Government
Port Phillip
Lot/Plan
2504L/PS812023

Last Listing description (October 2023)

1, 2 & 3 Bedrooms from $565,000. Move in today.

- 1, 2 & 3 bedrooms
- Uninterrupted water, city and park views

- 2km from Melbourne's CBD

R.Iconic presents a glittering marker of change for 1, 2 & 3-bedroom apartment, penthouse and townhouse living in an evolving pocket of South Melbourne.

Protected Views

Surrounded by low-rise residential and restricted height zones, with a 10-hectare park running all the way to the beach. R.Iconic will be the only building with protected, endless views to the water and the city, within walking distance of South Melbourne Market, Port Melbourne Beach, Albert Park Lake, Melbournes CBD and it Arts Precinct.

Lifestyle

At R.Iconic, lifestyle is everything. R.Iconic allows residents the luxury of time spent living well. With each home carefully crafted as a restful space away from lifes stresses, wind down with spacious living areas, an abundance of natural light and oversized balconies.

Amenity

With residents wellbeing the guiding philosophy of R.Iconic, an abundance of amenities are available exclusively to residents, designed to enhance physical, mental and social aspects of life. With access to a backyard featuring an acre of lush landscaped private podium gardens, a gymnasium, an outdoor infinity pool, fitness stations and a running track, as well as a zen garden and an adventure playground, all seamlessly linked to the leafy longitudinal park and the beach at Port Melbourne.

Developed by Melbournes family-run R.Corporation, an award-winning developer with 100% completion rate.

Property History for 2504/259-263 Normanby Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$3,100,000
20 Jan 2025
  • 20 Jan 2025
    Sold for $3,100,000
  • 25 Aug 2023
    Listed for Sale Not Disclosed
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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, 496 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.