56 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

56 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 147m2
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Property Details for 56 Palmerston Cres, South Melbourne

56 Palmerston Cres, South Melbourne is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 147m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in December 1987.

Building Type
House
Floor Size
84m2
Land Size
147m2
Local Government
Port Phillip
Lot/Plan
1/LP39025

Last Listing description (May 2020)

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DONT MISS OUT.

This beautifully renovated home is situated in an ideal location with Albert Park lake, the botanic gardens and all the best cafs and shopping that Clarendon Street offers but a short walk away. Comprising spacious entry hall with exposed brick feature wall, two large bedrooms both with built in robes and plantation shutters both sharing a sparkling central bathroom complete with European laundry. A large open planning living/dining area greets you as you enter the rear of the house and flows through to a stunning private courtyard perfect for entertaining. This is further complemented by a spacious gourmet kitchen, complete with gas cook top, dishwasher, stone bench tops and plenty of cupboard space. This stunning home features, wooden floorboards, high ceilings, bi-fold doors to courtyard, split system heating/cooling and attic storage. With all of this and Melbourne CBD only a short walk or tram ride away, this property is not to be missed!

Property History for 56 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$146,000
01 Dec 1987
Listed for Rent
$690/w
08 May 2020
  • 30 Mar 2020
    Listed for Rent - Price not available
  • 09 Apr 2018
    Listed for Rent $680 / week
  • 31 Jul 1993
    Listed for Rent - Price not available
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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 12,875 properties. Over the last 5 years, Houses in South Melbourne have seen a 1.10% increase in median value, while Units have seen a 3.74% increase. As at 31 May 2026:

  • The median value for Houses in South Melbourne is $1,736,032 while the median value for Units is $635,102.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 34 properties listed for sale, and 36 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 478 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.