505/99 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

505/99 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 847m2
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Property Details for 505/99 Palmerston Cres, South Melbourne

505/99 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. 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 April 2012.

Building Type
Unit
Year Built
2014
Floor Size
50m2
Land Size
847m2
Local Government
Port Phillip
Lot/Plan
2505/PS701488

Last Listing description (August 2020)

Enjoy the lifestyle that the Momentum apartments complex has to offer with this contemporary light filled apartment that is situated in the heart of South Melbourne; within walking distance to the South Melbourne Market, MSAC, Clarendon Street shopping precinct, Albert Park Lake and public transport amenities.
Near new and beautifully appointed, flooded with light and with both CBD and heritage rooftop views, you will love the feel of this space!
Featuring a spacious modern kitchen with European appliances that is incorporated into the open plan living area, leading onto a north facing balcony with stunning views!

The apartment has a generously sized bedroom with a large built in robe, stylish bathroom and a European laundry.
Other features include; great storage space throughout, dishwasher, Miele appliances, secure parking with storage cage, security intercom, split system heating and cooling and CBD views.
PLEASE NOTE: To register your interest for the property click on the email agent button and submit your details. You will receive an automated response either advising of an inspection time or that we are in the process of allocating inspection times. Please make sure that you register if you wish to attend an inspection. Thank you from the team at The Hopkins Group.

Property History for 505/99 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$490,000
05 Apr 2012
Listed for Rent
$410/w
17 Jun 2020
  • 23 Apr 2020
    Listed for Rent $410 / week
  • 07 Jun 2019
    Listed for Rent $430 / week
  • 18 Jul 2018
    Listed for Rent - Price not available
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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 13,155 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 52 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 484 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.