301/196-206 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

301/196-206 Albert Road
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 895m2
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Property Details for 301/196-206 Albert Rd, South Melbourne

301/196-206 Albert Rd, South Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 895m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
Unit
Year Built
2005
Floor Size
116m2
Land Size
895m2
Local Government
Port Phillip
Lot/Plan
301/PS443832

Last Listing description (November 2017)

Commanding never to be interrupted views over Albert Park Lake, the effortlessly stylish and generously proportioned dimensions of this stunning apartment in a boutique building designed by Daryl Jackson delivers an idyllic bayside lifestyle.
Lavishly finished with Italian marble floors, the welcoming entrance hall leads through to an expansive open plan living and dining room. Bi-fold doors open out to a full width balcony ideal for al fresco dining and enjoying the sensational lake views. The stunning gourmet kitchen is superbly equipped with a European oven and granite benches. In a separate wing there is a main bedroom with stylish en-suite and built in robe, a second double bedroom also with built in robe, a study or third bedroom and smart bathroom.
In an impeccably maintained building with communal gym and library/billiard room, Silverpoint is enviably situated near cafes, shops, the beach, Aquatic Centre, trams to the city and the market. Appointed with panel heating, RC/air-conditioning, security intercom, dual lift access, Euro-laundry, storage cage and 2 basement car spaces.

Property History for 301/196-206 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,150,000
09 Jan 2018
Listed for Rent
$795/w
03 Jan 2017
  • 09 Jan 2018
    Sold for $1,150,000
  • 26 Oct 2017
    Listed for Sale Contact Agent
  • 18 Oct 2016
    Listed for Rent $825 / 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 12,877 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.10% increase in median value, while Units have seen a 5.96% increase. As at 31 January 2026:

  • The median value for Houses in South Melbourne is $1,777,710 while the median value for Units is $634,357.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 38 properties listed for sale, and 27 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 486 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.