304/97 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

304/97 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 847m2
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Property Details for 304/97 Palmerston Cres, South Melbourne

304/97 Palmerston Cres, South Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 847m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2015
Land Size
847m2
Local Government
Port Phillip
Lot/Plan
1304/PS701488

Last Listing description (September 2023)

Experience unparalleled urban elegance in the striking ORBIS building, known for its distinctive golden concave facade that sets it apart from the rest. Elevated on the third floor of the unique complex, this modern apartment offers the epitome of inner-city luxury, complete with stunning city skyline views. Step inside to discover the open plan living and dining area,
seamlessly flowing to the north-facing balcony, perfect for entertaining while soaking in the dramatic backdrop. The kitchen is a testament to excellence, featuring premium stone benchtops, high-end Miele stainless-steel appliances including a dishwasher, and generous storage. The master bedroom is accompanied by a stylish ensuite bathroom decorated in white mosaic tiles, while a second bedroom is complemented by a chic central bathroom that mirrors the designer flair of the ensuite. Additional amenities include two secure basement parking spaces with storage cabinets, a European laundry, split-system heating and air conditioning, soft-touch cabinetry, and an impressive communal entry foyer. Ideally located within walking distance of Clarendon Street's boutique shopping and fine dining, South Melbourne Market, Albert Park Lake, MSAC, and public transport for a quick commute to the CBD, this exceptional first home or investment offers an unmatched opportunity to live a life of ultimate convenience.

Property History for 304/97 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$745,000
07 Aug 2023
  • 07 Aug 2023
    Sold for $745,000
  • 16 Jun 2023
    Listed for Sale Not Disclosed
  • 10 Feb 2022
    Listed for Sale THE DEAL: $765K - $795K
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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 13,154 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.88% decrease in median value, while Units have seen a -0.82% decrease. As at 31 July 2026:

  • The median value for Houses in South Melbourne is $1,699,133 while the median value for Units is $613,169.
  • Houses have a median rent of $850 while Units have a median rent of $675.
There are currently 30 properties listed for sale, and 52 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 487 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.