506/74-76 Eastern Road, South Melbourne, VIC 3205 sold on 30 December 2025 | OnTheHouse
SOLD
Sold on 30 Dec 2025 for $550,000

506/74-76 Eastern Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 859m2
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Property Details for 506/74-76 Eastern Rd, South Melbourne

506/74-76 Eastern Rd, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 859m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
52m2
Land Size
859m2
Local Government
Port Phillip
Lot/Plan
506/PS742134

Last Listing description (April 2023)

This extraordinary residence is in the prime inner-city position with everything at your fingertip while surrounded by park and lakeside for a relaxed lifestyle.

Stylishly designed with a fully equipped kitchen, stainless steel appliances, beautifully constructed stone bench, outstanding modern bathroom, LED covered ceilings, timber flooring and terrace balcony. The main bedroom offers built-in robes, floor-to-ceiling windows, and carpeted flooring PLUS a second bedroom or as home office space.

Additional features include European laundry, split heating and cooling, basement secured car park and cage storage.

A convenient location only minutes away from the Albert Park, tram Stations, Royal Botanic Gardens, Melbourne Grammar School, South Melbourne Market, Melbourne CBD and much more, it is time to immerse yourself in this new level of luxury.

Moreover, this is a great investment opportunity. The property is currently tenanted under a lease term until September 2023.


If you are interested in inspecting this property, please contact Daphne Lai on 0452 523 808.

Property History for 506/74-76 Eastern Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$550,000
30 Dec 2025
Listed for Rent
$520/w
09 Mar 2020
  • 30 Dec 2025
    Sold for $550,000
  • 06 Sep 2022
    Listed for Sale $550,000 to $599,000
  • 28 Feb 2020
    Listed for Rent $520 / 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 12,857 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 34 properties listed for sale, and 33 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 481 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.