409/97 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

409/97 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Land area: 847m2
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Property Details for 409/97 Palmerston Cres, South Melbourne

409/97 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 847m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
2015
Floor Size
50m2
Land Size
847m2
Local Government
Port Phillip
Lot/Plan
1409/PS701488

Last Listing description (October 2023)

Where the serene beauty of Albert Park Lake converges with the dynamic energy of Clarendon Street's shopping havens, an immaculate, ultra-modern 1-bedroom apartment awaits. Unfurnished and exuding a distinctive allure, this residence embodies the essence of prime inner-city living within the extraordinary Orbis apartment complex.

This stunning unfurnished apartment also comprised:
- Light-filled open-plan kitchen/dining/living

- Modern kitchen with Miele oven, electric cooktop, and dishwasher
- Good-sized bedroom with built-in robe
- Reverse cycle heating & cooling AC
- Chic bathroom with sizeable rain shower
- Laundry closet
- Private balcony
- Security access to the building

Situated on level 4 and with the best of South Melbourne on your doorstep, this is inner-city living at its best!

**Photos are for advertising purposes only**

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By registering your details, you will be informed of any updates, changes or cancellations of your appointment. Please ensure you also have photo ID with you for the inspection. Register and apply early to secure this property.

To apply for this property, please visit:
https://snug.com/apply/melcorprealestate

Property History for 409/97 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$278,000
02 Sep 2022
Listed for Rent
$500/w
17 Oct 2023
  • 03 Oct 2022
    Listed for Rent $370 / week
  • 02 Sep 2022
    Sold for $278,000
  • 20 Apr 2022
    Listed for Sale $280,000 - $300,000
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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 12,938 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 28 properties listed for sale, and 51 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 490 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.