509/99 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for 509/99 Palmerston Cres, South Melbourne
509/99 Palmerston Cres, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 847m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (November 2020)
The restaurants, bars and baristas are within a stroll, the sea and CBD are within minutes and the time to buy is right now!
Representing an invaluable opportunity for first home-buyers, discerning downsizers, young professionals and astute investors alike, this luxury 2-bedroom, 2-bathroom apartment goes above lift access and basement parking to provide a widespread living-dining zone, big robe-fitted bedrooms and stacking slider doors to a large dual-accessed balcony.
Customised with full height tiling, track lighting and engineered timber flooring, this high-end residence stars a state-of-the-art Miele kitchen (integrated dishwasher), designer wall-hung vanity bathrooms including a luxe ensuite and every convenience considered - including split system air-con, secure intercom, a Euro laundry and a dedicated storage/study space.
Located in one of Melbournes most livable postcodes, this prestigious apartment has Albert Park Lake and the Royal Botanical gardens within walking distance. Buses, trams and the future Anzac/Domain Station are nearby with Port Melbourne beach in close proximity.
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Property History for 509/99 Palmerston Cres, South Melbourne, VIC 3205
- 03 Nov 2020Sold for $630,000
- 14 Oct 2020Listed for Sale $620,000
- 30 Apr 2020Listed for Rent - Price not available
Recent sales nearby
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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 12,921 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:
- The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
- Houses have a median rent of $825 while Units have a median rent of $675.
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