508/75 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

508/75 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 508/75 Palmerston Cres, South Melbourne

508/75 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2018. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
Unit
Year Built
2018
Local Government
Port Phillip
Lot/Plan
508/PS723366

Last Listing description (August 2023)

Spacious 1 Bedroom Apartment

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If you are looking for a location, lifestyle, and a place to call home then look no further than this fantastic apartment at South Melbourne! It is designed to create a feeling of community and the very best of urban living.

This residential development is situated on the edge of the CBD, trams are just a few minutes away, within close proximity to Albert Park Lake, Botanic Gardens, South Melbourne Market fresh food markets, to high end fashion shops in Clarendon Street shopping district.

Beautiful European styled kitchen, timber floors throughout the open living area, and floor-to-ceiling glass panels overlooking the street views provides a zen of spaciousness. This is further enhanced by the natural light into the one bedroom with mirrored robes and lounge room. A sleek bathroom, continental laundry, cooling and heating system.

Property History for 508/75 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$410,000
21 Sep 2015
  • 21 Jul 2023
    Listed for Rent $480 weekly
  • 28 Apr 2022
    Listed for Rent $450 per week
  • 24 Feb 2021
    Listed for Rent $300 per 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 12,939 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 29 properties listed for sale, and 53 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.