2602/50 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

2602/50 Albert Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1644m2
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Last updated 19 Jan 2026
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Property Details for 2602/50 Albert Rd, South Melbourne

2602/50 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. While the property is not currently for sale or for rent, it was last sold in September 2013.

Building Type
Unit
Year Built
2013
Land Size
1644m2
Local Government
Port Phillip
Lot/Plan
2602/PS640463

Last Listing description (July 2025)

Presenting an exquisite one-bedroom apartment, fully furnished, that epitomises luxury in the esteemed Fifty Albert building. Nestled amidst the tranquil allure of Albert Park Lake and the Botanical Gardens, alongside a network of scenic walking and cycling trails, this residence offers the quintessential inner-city lifestyle, ensuring utmost privacy.

The thoughtfully designed layout includes a well-appointed kitchen with gas cooking and dishwasher, a living area featuring split-system heating/cooling, a European laundry, a pristine central bathroom, and a sunlit bedroom with built-in robes.

Surrounded by a variety of cafes, bars, and dining options, residents can easily access leisurely strolls or jogs around the lake or the Tan, hop on a tram to Southbank or the CBD, and are mere moments from Toorak Rd, Chapel St, and the South Melbourne Market.

Enjoy the building's impressive rooftop gardens and entertainment areas, featuring sun decks and BBQ spots with stunning views. Additional amenities encompass a gym, spa, yoga classes, plunge pool, and the convenience of a 24-hour concierge service.

BOOKING AN INSPECTION
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APPLYING FOR THIS PROPERTY
We have a strict 'inspect before apply' policy for all our rental properties. You must either inspect the property yourself or have someone attend on your behalf. We only accept online applications through 2Apply and the application code will be provided to you at the inspection.

Property History for 2602/50 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$500,000
23 Sep 2013
Listed for Rent
$660/w
07 Aug 2024
  • 10 Jun 2025
    Listed for Rent $625 / week
  • 26 Jul 2024
    Listed for Rent $660 / week
  • 24 Jun 2024
    Listed for Rent $600 / 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 12,879 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 35 properties listed for sale, and 32 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 474 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.