3001/259-273 Normanby Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

3001/259-273 Normanby Road
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Land area: 293m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 10 Nov 2025
Low

High
Save

Property Details for 3001/259-273 Normanby Rd, South Melbourne

Building Type
Commercial
Land Size
293m2
Local Government
Port Phillip

Last Listing description (January 2026)

Crafted for those who appreciate the finest in contemporary living, this residence combines grand proportions with impeccable design detail.

Expansive interiors flow seamlessly, anchored by a showpiece kitchen with a striking marble island, butlers pantry, and state-of-the-art Gaggenau appliances.


Soaring ceilings and double-glazed windows create an abundance of light and space, while hotel-inspired bathrooms and bespoke finishes elevate the home to a true sanctuary.

With zoned climate control to every room, extensive storage solutions, and remarkably low body corporate fees, this property offers both prestige and practicality an address where everyday living feels effortlessly indulgent.

Residents enjoy a wealth of exclusive building amenities including concierge, a fully equipped gym, sauna, outdoor running track, landscaped gardens, BBQ areas, meeting rooms and multiple zoned outdoor spaces.

Convenience is unmatched with a Coles supermarket at your doorstep, the 109 tram providing direct access to the CBD or beach, parklands nearby, and Bay Streets boutique shops, cafes, and the coastline all just a short stroll away.

Recently Awarded:
- Design Award Victoria | UDIA
- National Award for Excellence in Design | UDIA
- Best Lifestyle Development Victoria | Property Guru
- Best Apartment Architectural Design Australia | Property Guru
- Best Condo Architectural Design Asia | Property Guru

Property History for 3001/259-273 Normanby Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
  • 10 Aug 2024
    Listed for Sale Stunning Brand-New Penthouse
  • 19 Apr 2024
    Listed for Sale $6,300,000
  • 27 Mar 2023
    Listed for Sale $6,250,000
Commute Calculator

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 13,055 properties. Over the last 5 years, Houses in South Melbourne have seen a -5.62% decrease in median value, while Units have seen a 2.09% increase. As at 31 August 2026:

  • The median value for Houses in South Melbourne is $1,687,888 while the median value for Units is $636,972.
  • Houses have a median rent of $825 while Units have a median rent of $680.
There are currently 29 properties listed for sale, and 48 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 483 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.