2505/89 Gladstone Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

2505/89 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 813m2
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Property Details for 2505/89 Gladstone St, South Melbourne

2505/89 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. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2017
Land Size
813m2
Local Government
Port Phillip
Lot/Plan
2505/PS735510

Last Listing description (July 2026)

This stunning High-Level Two Bedroom apartment with views of Fisherman's Bend, Docklands and Melbourne City is the place to be! Upon entry be amazed by light filled open plan kitchen seamlessly flowing through to two excellent sized bedrooms with breath taking view of Melbourne's gorgeous bays, master with en-suite and a second separate bathroom offering privacy.

Kitchen with Bosch appliances, Stone Benchtops, 4 burner gas cooktop, large oven and dishwasher perfect for any master chef. European laundry. Double glazed doors and windows, keep unwanted noise out of the house, producing the ideal distraction-free environment for you to concentrate at home. Also included is your own allocated secure car space and large storage unit.

The location is second to none, moments from Melbourne CBD but enough distance away from the busy hustle and bustle. A straight walk down towards Port Melbourne, a short stroll to South Melbourne Market, moments to DFO, surrounded by amazing cafes and restaurants or close enough for the city nightlife and easy access to freeways and public transport.

Ideal for professionals wanting something close to the office, markets and beach or astute investor looking to add to their portfolio.

Building amenities include:
- Teppanyaki grill & BBQ
- Spa with City Views
- Private dining room and kitchen with city views
- Designer lounge with fireplace
- Rooftop seating
- Outdoor cinema
- Cinema spa with bay views
- Bosch appliances.
- Reverse cycle heating and cooling.
- European oak timber flooring.
- Standard Car space and storage.

The building also has a 6-star energy rating and is just moments from:
- South Melbourne market, 900m
- Melbourne Convention and Exhibition Centre, 750m
- Crown Casino, 1km
- Tram 109, 170m
- Tram 96, 600m
- Port Melbourne Dog Beach, 2.2km
- Port Melbourne Beach, 2.2km
- Albert park lake, 3.5km
- Botanic garden, 3.7km

READY TO MOVE IN !
For more information and private inspections, please contact Jim on 0433 008 517

Property History for 2505/89 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$527,000
10 Feb 2023
  • 10 Feb 2023
    Sold for $527,000
  • 24 Jan 2023
    Listed for Sale $540,000 ~ $560,000
  • 13 Jul 2017
    Sold for $585,000
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. There are 15 parks, covering nearly 3.3% of the 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 12,896 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:

  • The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 34 properties listed for sale, and 32 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.

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.