508/97 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

508/97 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 41m2
Land area: 847m2
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Property Details for 508/97 Palmerston Cres, South Melbourne

508/97 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 41m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2015
Floor Size
41m2
Land Size
847m2
Local Government
Port Phillip
Lot/Plan
1508/PS701488

Last Listing description (September 2025)

HOW DO I REGISTER TO INSPECT ? - Instructions available below this ad.

-Located in the Orbis Complex
- Stylish kitchen with electric cooking appliances , dishwasher & great cupboard space

- Living and dining area with floorboards
- Private balcony off living rom
- Master bedroom with built in robes
- Modern bathroom with large shower & overhead storage
- Split System air conditioning
- Security entry & life

Within walking distance to Albert Park Lake and Clarendon Street shopping strip.

What is WHU?
Warehouse, Heritage & Unique or what our team refers to as WHU is a category of property that differentiates from the others.
This symbol appears on the properties that our team have identified as exhibiting one or more of these characteristics.

Harcourts Melbourne City, Estate Agents, specialising in sales & leasing of Warehouse, Heritage, Unique WHU properties in Melbournes inner city. For information on inner city property for sale or rent or for expert real estate advice visit: melbourneharcourts.com.au or phone us on 03 9664 8100

Harcourts Melbourne City is committed to maintaining the protection of the personal information it collects during the course of its business, as it is obliged to do under state and federal legislation. Please find a full copy of our privacy policy on our website: https://www.melbourneharcourts.com.au/privacy-and-security-policy/

Property History for 508/97 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$385,000
28 Jun 2021
Listed for Rent
$500/w
03 Jul 2024
  • 03 Jul 2024
    Listed for Rent - Price not available
  • 02 Feb 2022
    Listed for Rent $325 / week
  • 28 Jun 2021
    Sold for $385,000
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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 12,940 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 28 properties listed for sale, and 55 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 498 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.