505/97 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for 505/97 Palmerston Cres, South Melbourne
505/97 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 847m2.This Property is currently listed for rent with Banksia Property Agency
Last Listing description (September 2026)
- - Note the property is unfurnished - -
We're pleased to offer this convenient and well-appointed apartment for lease!
Located within the esteemed Orbis complex, this one-bedroom apartment is a great place to call home.
Moments from Albert Park Lake, South Melbourne Market, Royal Botanic Gardens, and the CBD, the next residents will get to enjoy the very best that this city has to offer.
505/97 Palmerston Cres best features are:
- Generous bedroom with built-in-robe
- Bathroom with euro laundry
- Sleek kitchen with excellent cabinetry
- Open plan meals and living area
- Balcony
- Split system air conditioner
Please register now to be informed of upcoming inspection times, and note that we only accept applications via 2Apply: https://www.2apply.com.au/Agency/Banksia
We wish to advise that this property is also listed for sale.
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Please note that images, floorplan (if any), and descriptive text in the property advertisement are for general information purposes only and the renter should make their own enquiries to verify the information presented. Particulars given are for general information only and do not constitute any representation on the part of the rental provider or agent. Some images enhanced/constructed with AI and digital staging for illustrative purposes only.
Property History for 505/97 Palmerston Cres, South Melbourne, VIC 3205
- 31 Aug 2026Listed for Rent $490 / week
- 29 Jul 2026Listed for Sale $290,000 - $319,000
- 05 Feb 2024Listed for Rent $450 / week
Recent sales nearby
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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 13,068 properties. Over the last 5 years, Houses in South Melbourne have seen a -5.62% decrease in median value, while Units have seen a 2.09% increase. As at 31 August 2026:
- The median value for Houses in South Melbourne is $1,687,888 while the median value for Units is $636,972.
- Houses have a median rent of $825 while Units have a median rent of $680.
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