506/97 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for 506/97 Palmerston Cres, South Melbourne
506/97 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 847m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in August 2018.
Last Listing description (September 2018)
In the sought-after Orbis residential complex which cuts a striking figure from the street thanks to its stunning external design, this luxury one bedroom apartment is a low-maintenance and stylish offering right on the edge of the city.
Whether you're an owner-occupier of investor, you'll love all the highlights of this well-appointed residence. Enjoy premium wooden floors, relaxed living and dining zone, stone kitchen with elegant cabinetry and stainless steel Miele appliances including an induction cooktop, large undercover balcony, bedroom with BIR, dazzling bathroom with rain shower, European laundry, and split system heating and cooling.
Also features secure intercom entry, NBN accessibility, and an on-site building manager. You're right near Albert Park Lake with golf course, Melbourne Sports and Aquatic Centre, Clarendon Street shops and restaurants, Royal Botanic Gardens, and trams on St Kilda Road and Clarendon Street.
Property History for 506/97 Palmerston Cres, South Melbourne, VIC 3205
- 31 Aug 2018Sold for $330,000
- 10 May 2018Listed for Sale $325,000 - $350,000
- 11 Aug 2017Listed for Rent - Price not available
Recent sales nearby
See more recent sales nearby/assets/perm/m5ba57ydkqi6vfisevzbzkdmse?signature=de489650a1043c535b45e2be59a9e47d28bed271232f8b9001260aee5efb91da){kind=logo}
0
/assets/perm/chvtcpg2emi63hrfd6svgdwo3q?signature=20477b17c02d4efc0ca38ee8052de2ca8665448029a02c68e35aef1962aaabb6){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 12,931 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.
Suburb Insights for South Melbourne 3205
Market Insights
South Melbourne Trends for Houses
N/A
N/A
View TrendN/A
N/A
South Melbourne Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
