506/75 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

506/75 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 811m2
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Property Details for 506/75 Palmerston Cres, South Melbourne

506/75 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 811m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
Unit
Year Built
2018
Floor Size
51m2
Land Size
811m2
Local Government
Port Phillip
Lot/Plan
506/PS723366

Last Listing description (September 2026)

FULLY FURNISHED - Positioned conveniently with a short walk to South Melbourne Market, Albert Park Lake, a plethora of choice of cafes & restaurants along Clarendon Street and supermarkets, this modern property is a must to inspect!

Graced with an abundance of natural light with floor to ceiling windows, the living area with air-conditioning & heating, further leading out to a private balcony with views towards the city skyline.

The modern kitchen with stone bench tops, fridge, dish washer, breakfast counter as well as heaps of storage. The bedroom with queen-size bed and built-in robes, serviced by a sparkling central bathroom with floor to ceiling tiles, large mirror over vanity as well as rain-shower head.

Further benefits include one car stacker, storage cage as well as a Euro-laundry with washing machine & dryer.

INSPECTING IS EASY - Simply scroll down the page to the INSPECTIONS subheading and click REQUEST A TIME to book a date and time or submit your enquiry.

Please ensure you register your details prior to attending the inspection. Once registered, we can keep you updated with available inspections times and any changes or cancellations. So don't miss out, book an inspection today!

To submit an application for this property, simply click the Get in Touch button and we will respond with instructions on how to apply.

Property History for 506/75 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$455,000
07 Sep 2018
Listed for Rent
$400/w
15 Jun 2022
  • 07 Aug 2026
    Listed for Rent $675 / week
  • 29 Jan 2025
    Listed for Rent $700 / week
  • 17 May 2022
    Listed for Rent $400 / 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 13,071 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.
There are currently 27 properties listed for sale, and 47 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 486 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.