408/99 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

408/99 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 78m2
Land area: 847m2
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Property Details for 408/99 Palmerston Cres, South Melbourne

408/99 Palmerston Cres, South Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2015. The property has a land size of 847m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2015
Floor Size
78m2
Land Size
847m2
Local Government
Port Phillip
Lot/Plan
2408/PS701488

Last Listing description (May 2026)

Please refer below for inspection instructions.On the edge of the city, near Albert Park Lake and the Botanical Gardens, this highly sophisticated, superbly finished and zero maintenance, two-bedroom apartment promises a diverse and cosmopolitan city fringe lifestyle. Rich in premium quality appointments, with a superior 21st century design, this 4th floor pad is an authentically inner suburban lifestyle. As it flows to a sunny balcony with urban rooftop views that include glimpses of the city skyline, the open plan kitchen / meals / living is Miele-equipped with stone benches and low-profile clean lines. Both the ensuite and main bathroom are fully-tiled and perfectly on trend, whilst generous robes, European laundry, fully secure video entry, split system heating/cooling, side by side basement parking for 2 cars unusual for such a small building, over bonnet storage and elevator access complete the picture of urban comfort. Particularly peaceful at night and on the weekends, yet close enough to terrific cafes, restaurants and bars, your nightlife promises to be brilliant. Nearby Clarendon St and South Melbourne Market ensure a diversity of shopping experiences, plus the city, Arts precinct, Citylink, MSAC and the bay are only a few minutes away as well. **To Inspect**To book an inspection, click either the Request Online Inspection Link or Get in Touch then select Request an Inspection to enter your details. An inspection invitation will then be sent to you via our application platform. If there are no available inspection times, or you cannot attend the listed time, please send an enquiry or contact the leasing agent for further assistance. Please note add to plan is not booking into the inspection.**Please Note** Open for Inspection times and property availability is subject to change without notice. We highly recommend registering for an inspection you are going to attend to avoid disappointment for cancellations. If you are registered for an inspection, you will be notified by SMS if the inspection is cancelled. **Caution** Marshall White has exclusive leasing rights to this property. We do not advertise on Gumtree, Facebook Marketplace or any other social media platforms. Please beware of scammers and apply only via the official advertising link using the Snug platform.

Property History for 408/99 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$725,000
27 Sep 2023
Listed for Rent
$650/w
18 Aug 2022
  • 18 May 2026
    Listed for Rent $790 / week
  • 18 Mar 2026
    Listed for Sale $675,000 - $740,000
  • 27 Sep 2023
    Sold for $725,000
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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 12,941 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 31 properties listed for sale, and 54 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 483 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.