409/99 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

409/99 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 409/99 Palmerston Cres, South Melbourne

409/99 Palmerston Cres, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. While the property is not currently for sale or for rent, it was last sold in February 2012.

Building Type
Unit
Year Built
2015
Local Government
Port Phillip
Lot/Plan
2409/PS701488

Last Listing description (May 2026)

Stylish and Modern 2-Bedroom Apartment at 99 Palmerston Crescent, South Melbourne

Positioned between Kings Way and Albert Road, this beautifully designed apartment offers exceptional access to some of Melbournes most iconic attractions, including the Royal Botanic Gardens, South Melbourne Market, Albert Park, the Arts Precinct and the Melbourne CBD. With St Kilda Road trams, the Westgate Freeway and major transport links nearby, commuting and city living could not be easier.

The apartment features a spacious open-plan living and dining area filled with natural light, creating a warm and inviting space to relax or entertain. The modern kitchen includes stainless steel appliances, a dishwasher, sleek stone benchtops and quality finishes throughout.

Accommodation includes two generous bedrooms with plush carpet and built-in wardrobes, complemented by a small study, ideal for working from home or additional storage. There are also two stylish bathrooms, including a master ensuite, both finished with a contemporary and elegant design.

A large private balcony extends the living space outdoors, offering a peaceful spot to unwind and enjoy the surrounding outlook.

Additional features include heating and cooling, an intercom system and two undercover car spaces, providing comfort, security and convenience.

Located in the heart of South Melbourne, this apartment places lifestyle, transport, dining, shopping and entertainment right at your doorstep.

Property History for 409/99 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$620,000
24 Feb 2012
  • 29 Apr 2026
    Listed for Rent $760
  • 10 Nov 2025
    Listed for Rent $730 WEEKLY
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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 13,154 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 30 properties listed for sale, and 49 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.