2806/89 Gladstone Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

2806/89 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 813m2
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Property Details for 2806/89 Gladstone St, South Melbourne

2806/89 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 April 2015.

Building Type
Unit
Year Built
2017
Land Size
813m2
Local Government
Port Phillip
Lot/Plan
2806/PS735510

Last Listing description (June 2026)

Located on a prominent intersection in South Melbourne, this 29 level apartment building is the first completed project of the significant urban renewal precinct of Fishermans Bend. The site is bound by post-industrial landmarks, large scale infrastructure and the city centre to the north and fine grain 19th century residential fabric to the south.

The 109 tram stop is just outside, and convenient public transportation is close at hand. It takes only 5 minutes to get to Melbourne's transportation hub Southern Cross station and 7 minutes to crown, the largest entertainment center in the southern hemisphere.

* This apartment is currently occupied by a tenant and available for subletting. *

Property History for 2806/89 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$657,500
27 Apr 2015
Listed for Rent
$500/w
17 Mar 2022
  • 27 Apr 2026
    Listed for Rent $700 / week
  • 17 Dec 2025
    Listed for Rent - Price not available
  • 08 Dec 2023
    Listed for Rent $630 / week
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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 12,851 properties. Over the last 5 years, Houses in South Melbourne have seen a 1.10% increase in median value, while Units have seen a 3.74% increase. As at 31 May 2026:

  • The median value for Houses in South Melbourne is $1,736,032 while the median value for Units is $635,102.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 29 properties listed for sale, and 39 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 481 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.