402/196-206 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

402/196-206 Albert Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 2
Car spaces: 2
Floor area: 94m2
Land area: 895m2
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Property Details for 402/196-206 Albert Rd, South Melbourne

402/196-206 Albert Rd, South Melbourne is a 1 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 94m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
Unit
Year Built
2005
Floor Size
94m2
Land Size
895m2
Local Government
Port Phillip
Lot/Plan
402/PS443832

Last Listing description (June 2023)

**ARRANGE AN INSPECTION TIME ONLINE - DETAILS BELOW**Available to inspect from 1/10/14, the sheer size of this luxuriously appointed apartment sets it apart from the competition. Featuring an oversized living room with fantastic views of Albert Park that opens onto a terrific balcony to take in the views and prepare a steak for dinner, a stylish kitchen with a Lofra 900mm stove, blanco dishwasher, stone bench tops and glass splashbacks. The substantial bedroom has ample robes and complete ensuite. There is a full second bathroom and laundry with Asko washer and separate dryer, and two (2) basement car parks. Take advantage of the shared facilities including fully equipped GYM and pool table and get used to living across the road from the famous Albert park with its amazing Aquatic centre and having the Royal Botanic gardens a short stroll away. Take advantage of the shopping, restaurants and iconic South Melbourne market and make this your Melbourne base.Arranging an inspection is easy!To book a time to inspect, simply click on Virtual Tour or Email Agent to arrange.By registering, you will be INSTANTLY informed of any updates, changes or cancellations for your appointment

Property History for 402/196-206 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$799,000
18 Feb 2016
Listed for Rent
$700/w
19 Feb 2015
  • 09 Nov 2021
    Listed for Rent - Price not available
  • 06 Jul 2021
    Listed for Rent $700 / week
  • 18 Feb 2016
    Sold for $799,000
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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 12,850 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 29 properties listed for sale, and 33 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 474 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.