305/196-206 Albert Rd, South Melbourne is a 2 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 91m2. While the property is not currently for sale or for rent, it was last sold in June 2017.
Perfectly positioned in the renowned and highly coveted SILVERPOINT development and on the doorstep of Albert Park Lake, MSAC, South Melbourne Market and public transport. This stylish third floor light and bright apartment comprises: Two excellent double bedrooms, main with ensuite, central bathroom, well-appointed kitchen with adjacent dining and living area enhanced by its Northern orientation and bi-fold doors to private balcony with superb leafy city skyline views. Features: Secure foyer, gym, library and reception room within this boutique development. High-quality fixtures throughout plus split system heating and cooling. Exceptional lifestyle opportunity.
Inspect during scheduled open times or by appointment with the agent.
Presented by Cayzer Real Estate Albert Park.
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 12,874 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:
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