402/97 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for 402/97 Palmerston Cres, South Melbourne
402/97 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 847m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (July 2025)
Showcasing a stunning northern aspect and spacious balcony with city views from the iconic 'Orbis' building by award-winning ARM Architects, apartment 402 located on the fourth-floor in a desirable pocket of South Melbourne is a standout!
The kitchen, meals & lounge area enhance the sense of openness by utilising natural materials to counterbalance the spectacular exterior.
The open plan living area with custom built-cabinetry extends to the balcony through floor to ceiling windows showcasing the city skyline and leafy vistas.
A sleek modern kitchen equipped with stone bench tops, quality Miele electric cooktop & oven, Fisher & Paykel dish-drawer dishwasher, ample storage and island bench with breakfast bar.
The spacious carpeted main bedroom featuring quality fitted out built-in robes is complemented by a dual-access stylish mosaic-tiled bathroom with walk-in shower, vanity and toilet.
The versatile home office can also be used as a guest bedroom.
Additional features include secure video entry, split-system heating and cooling, European laundry and one secure car space via a car stacker/lift with an attached storage cage.
Located within a hop, skip & jump to Albert Park Lake, Clarendon Street's vibrant shopping and caf precinct, South Melbourne Market, and effortless access to city-bound trams, this fabulous property is bound to impress.
Property History for 402/97 Palmerston Cres, South Melbourne, VIC 3205
- 09 Jul 2025Listed for Rent $550 / week
- 22 Jun 2023Listed for Rent $500 / week
- 21 Mar 2022Listed for Rent $465 / week
Recent sales nearby
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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 13,071 properties. Over the last 5 years, Houses in South Melbourne have seen a -5.62% decrease in median value, while Units have seen a 2.09% increase. As at 31 August 2026:
- The median value for Houses in South Melbourne is $1,687,888 while the median value for Units is $636,972.
- Houses have a median rent of $825 while Units have a median rent of $680.
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