50 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

50 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 91m2
Land area: 119m2
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Property Details for 50 Palmerston Cres, South Melbourne

50 Palmerston Cres, South Melbourne is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 119m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in October 2014.

Building Type
House
Year Built
1900
Floor Size
91m2
Land Size
119m2
Local Government
Port Phillip
Lot/Plan
2/LP35530

Last Listing description (March 2024)

This charming 2 bedroom freshly painted terrace style home located on the city edge has been refurbished and offers; Entrance hall, 2 bedrooms (main bedroom with ensuite), large central study area, stylish kitchen with gas cook top and dishwasher leading to an open plan dining and living area.

The property also boasts, a European laundry, electric panel heating in front room, reverse cycle heating and air conditioning, timber decked rear court yard ideal for entertaining and is all within walking distance to Park Street trams, MSAC, Albert Park Lake and Clarendon Street Shops, and a variety of cafes.

N.B. Property is located in aerial blackspot, free to air TV not possible, tenants will need to connect with Pay TV.

CONDITIONS OF ENTRY;

We ask that you strictly observe the following conditions of entry.

Please maintain a healthy social distancing (at least 1.5m).
Please refrain from touching surfaces within the property where possible.
If feeling unwell, particularly if you are experiencing cold or flu like symptoms, please refrain from attending the property.
Do not attend the inspection if you or your immediate family have travelled overseas in the past 14 days.
Tested positive to, or have symptoms associated with Coronavirus

VIEWING TIMES are subject to cancellation/change 3 hours prior to the open for inspection.
We advise that you check the listing on the day, to ensure that the property is still available prior to inspection to avoid disappointment.

Property History for 50 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$790,000
23 Oct 2014
Listed for Rent
$480/w
13 Jan 2021
  • 21 Sep 2020
    Listed for Rent $480 / week
  • 06 Apr 2020
    Listed for Rent $500 / week
  • 28 Jan 2020
    Listed for Rent $595 / week
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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 12,932 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 45 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 466 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.