402/188-190 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

402/188-190 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 122m2
Land area: 432m2
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Property Details for 402/188-190 Albert Rd, South Melbourne

402/188-190 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 432m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in December 2014.

Building Type
Unit
Year Built
2001
Floor Size
122m2
Land Size
432m2
Local Government
Port Phillip
Lot/Plan
402/PS438585

Last Listing description (January 2024)

Located on South Melbourne's premier boulevard and within walking distance of the vitality of South Melbourne's market, shops and cafes, this sensational elevated apartment is in a boutique building of only 10 apartments. The well thought-out floor plan comprises accommodation for two generous bedrooms, two bathrooms, one with full-sized bath, separate (oversized) study and an additional powder room, an open plan living/dining area balanced with a well appointed kitchen quipped with Miele appliances including gas cooking & dishwasher.
 
Additional features include polished concrete flooring, brand new carpets, heating and cooling, video intercom, lift access, laundry facilities, balcony, storage cage and 1 car space (stacker, check for sizing)

Local amenities include Albert Park Lake, MSAC, Botanic Gardens, and Port Phillip Bay and Clarendon Street shops.

Property History for 402/188-190 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$900,000
11 Dec 2014
Listed for Rent
$600/w
21 Jan 2022
  • 09 Jan 2024
    Listed for Rent $725 / week
  • 05 Jan 2022
    Listed for Rent $600 / week
  • 11 Dec 2014
    Sold for $900,000
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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 12,914 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:

  • The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 34 properties listed for sale, and 32 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 480 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.