38/70 Albert RoadSouth Melbourne VIC 3205
Property Details for 38/70 Albert Rd, South Melbourne
38/70 Albert Rd, South Melbourne is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1993. The property has a land size of 1138m2 and floor size of 280m2. While the property is not currently for sale or for rent, it was last sold in October 2015.
Last Listing description (February 2016)
So discreet it's a secret, so refined it's irresistible, this unique penthouse occupies the entire top level of an exclusive address desirably surrounded by Albert Park Lake, the King's Domain and the city. A private entrance precedes superb spaces where the 'wow' factor is undeniable and the views are unforgettable. An elegant gallery introduces a dedicated home office zone followed by a fabulous dining room of majestic dimensions accompanied by a balcony and beautiful custom selected solid American Walnut floorboards. A light filled living area and a contemporary European designed kitchen equipped with European appliances and integrated Liebherr fridge and freezer further enhance a design featuring up to three bedrooms, two with ensuites and retreats, and a separate third bathroom/laundry. Double glazing delivers serene silence while sights of the lake and the bay provide a vibrant visual context for the ultimate oasis additionally complemented by total security and garaging for two cars.
In conjunction with Cayzer Real Estate.
Property History for 38/70 Albert Rd, South Melbourne, VIC 3205
- 26 Oct 2015Sold for $1,500,000
- 29 Sep 2015Listed for Sale Private Sale $1,595,000
- 24 Mar 2015Listed for Rent $1,400 / week
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0About 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 8.14% increase in median value, while Units have seen a 6.21% increase. As at 31 December 2025:
- The median value for Houses in South Melbourne is $1,743,660 while the median value for Units is $637,243.
- Houses have a median rent of $720 while Units have a median rent of $650.
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