403/99 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

403/99 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 847m2
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Property Details for 403/99 Palmerston Cres, South Melbourne

403/99 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 847m2. While the property is not currently for sale or for rent, it was last sold in October 2012.

Building Type
Unit
Year Built
2015
Land Size
847m2
Local Government
Port Phillip
Lot/Plan
2403/PS701488

Last Listing description (February 2025)

The stunning apartment features secure intercom entry, a contemporary kitchen with Miele appliances including a dishwasher, an open plan living area that opens to a good-sized private balcony with uninterrupted city views, one large bedrooms with built-in robes, a stylish bathroom with floor-to-ceiling tiles and ample storage, and a European laundry. Additional features include split system heating and cooling, floorboards throughout, and carpet in the bedroom.

Located in the spectacular Orbis development, this superbly appointed apartment is soaked in natural light and offers brilliant views of Melbourne's CBD. The unbeatable location is just a minute's walk to Albert Park Lake, 3 km to the CBD, and 450m to Clarendon Street, providing easy access to various amenities and services. Discover more via our Places Guide today.

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Property History for 403/99 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$410,000
17 Oct 2012
Listed for Rent
$575/w
12 Feb 2025
  • 12 Feb 2025
    Listed for Rent $575 / week
  • 21 Nov 2023
    Listed for Rent $575 / week
  • 17 Oct 2012
    Sold for $410,000
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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 12,642 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.88% decrease in median value, while Units have seen a -0.82% decrease. As at 31 July 2026:

  • The median value for Houses in South Melbourne is $1,699,133 while the median value for Units is $613,169.
  • Houses have a median rent of $850 while Units have a median rent of $675.
There are currently 29 properties listed for sale, and 54 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 463 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.