502/67-71 Stead Street, South Melbourne, VIC 3205 sold on 21 December 2024 | OnTheHouse
SOLD
Sold on 21 Dec 2024 for $385,000

502/67-71 Stead Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 697m2
Sold By
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Hodges Caulfield
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Property Details for 502/67-71 Stead St, South Melbourne

502/67-71 Stead St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 697m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 1 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
51m2
Land Size
697m2
Local Government
Port Phillip
Lot/Plan
502/PS442461

Last Listing description (January 2025)

Located in a central parkland location on a quiet street in a well maintained building this apartment ticks all the boxes. Ideal as a city home and/or easy to rent out. Located on the 5th Floor this light-filled 1 Bedroom apartment with double balcony and views of Albert Park Lake and city will impress. Discover the perfect blend of city convenience and serene parkland living. Ideally situated close to Albert Park Lake, the Botanical Gardens and Beach and with great transport, shopping and restaurants nearby. The apartment features a spacious living and kitchen area, with great light, and a warm and inviting atmosphere. Step out onto the double balcony to enjoy panoramic views of the city skyline and the picturesque lakeideal for relaxing or entertaining guests. The apartment also includes a modern bathroom, and the convenience of a private laundry within the unit. Security is paramount with a dedicated basement car park, ensuring peace of mind for residents. Embrace an active lifestyle with nearby parks and facilities, including the renowned MSAC and Lakeside Stadium, while indulging in the best coffee shops and eateries of Clarendon St, plus the famous South Melbourne Market just a short walk away. This property perfectly balances the vibrancy of urban living with the tranquility of parkland, offering a unique and desirable lifestyle. Dont miss your chance to experience this sun-filled, spacious apartment that epitomizes comfort and convenience.

The apartment is also a great investment with a 6% yield.
Weekly Rental $ 450 PWK.


Contact us today to arrange a viewing and make this exceptional property your new home or investment.

Property History for 502/67-71 Stead St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$385,000
21 Dec 2024
Listed for Rent
$420/w
11 Apr 2023
  • 21 Dec 2024
    Sold for $385,000
  • 18 Dec 2024
    Listed for Rent $480 / week
  • 20 Sep 2024
    Listed for Sale $360,000 - $390,000
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of 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 12,877 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:

  • The median value for Houses in South Melbourne is $1,744,641 while the median value for Units is $633,273.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 36 properties listed for sale, and 40 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 494 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.