3/184 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1964. The property has a land size of 507m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.
Positioned directly opposite the Formula 1 circuit at Albert Park, this single-level two-bedroom, two-bathroom apartment delivers a rare lakefront address with an immediate connection to the Emerald Hill walking trail, extending the lifestyle offering to the Royal Botanic Gardens and across to the water's edge.Bi-fold doors span the full width of the open-plan living and dining room, dissolving the boundary between the interior and the undercover terrace, while a graceful curved ceiling above the living area follows the organic form of the building itself. The kitchen extends those lake views further still, finished with black stone benchtops, a 900mm gas stove and dishwasher, and oriented to draw the natural light that moves through the apartment across the day. A renovated central bathroom with full-height tiling, heated towel rail, and LED-lit mirror complements the dual-vanity ensuite in the generous main bedroom, while the second bedroom with built-in robes enjoys semi-ensuite access. A dedicated study area adds further practicality to the floor plan, with hybrid timber floors, and European laundry, split-system air-conditioning, video intercom, and secure lift access from basement parking completing the offering. Two undercover car parks provide secure, convenient parking for residents.Albert Park Lake and its running and cycling paths sit directly across the road, with South Melbourne Market, the area's celebrated cafes and ANZAC Station all within a comfortable walk, creating a self-sufficient city-edge base that is as easy to lock and leave as it is to call home.
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 12,896 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.36% increase in median value, while Units have seen a 4.53% increase. As at 31 March 2026:
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