2706/38 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

2706/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 95m2
Land area: 993m2
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Property Details for 2706/38 Albert Rd, South Melbourne

2706/38 Albert Rd, South Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 993m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2013
Floor Size
95m2
Land Size
993m2
Local Government
Port Phillip
Lot/Plan
2706/PS638816

Last Listing description (March 2023)

In a much sought-after location right at the cusp of the city's edge, this sparkling and serene three-bedroom apartment is sure to impress.

Surrounded by brilliant amenities and attractions and tucked away from the city buzz on the 27th floor of the 'Albert Tower' apartment complex. This light-filled and airy abode takes in captivating corner vistas from the spacious undercover balcony towards both the Remembrance Shrine and Albert Park Lake, a perfect spot for alfresco meals or weekend drinks in summer. The delightfully open living and dining zone enjoys tall floor-to-ceiling windows while the kitchen is fitted with a pristine stone benchtop and modern stainless steel gas appliances including an integrated dishwasher. The breezy central bathroom is stylish, while three private carpeted bedrooms boast mirrored built-in robes, the main with a huge walk-in robe and chic ensuite.

Further features include European laundry, recessed lighting, a secure car space, a secure storage cage, video intercom, reverse cycle heat/cool in living zone and in master suite as well as resort style features including a gym, a private residence dining /kitchen room, and rooftop terrace with BBQ.

Great walkability factor right by Albert Park Lake, Domain interchange trams, Botanical gardens, Markets, Cafes, Schooling, Restaurants, Galleries, Theatres and a short trip into Melbourne CBD.

Property History for 2706/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$961,000
16 Mar 2023
Listed for Rent
$950/w
26 Oct 2017
  • 16 Mar 2023
    Sold for $961,000
  • 16 Feb 2023
    Listed for Sale Not Disclosed
  • 24 Oct 2017
    Listed for Rent $950 / 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 12,880 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 33 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.