58 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for 58 Palmerston Cres, South Melbourne
58 Palmerston Cres, South Melbourne is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 124m2. While the property is not currently for sale or for rent, it was last sold in October 2018.
Last Listing description (November 2018)
Live on the city-edge with a terrace ready to transform and a location to last a lifetime.
Just minutes from MSAC, the sea and CBD and a walk to prestigious Schools plus the Albert Park lake trail, this 2-bedroom, 2-bathroom Victorian awaits your indoor/outdoor overhaul with a formal lounge at the front, casual living and meals to the rear, a dining-sized patio in a north facing courtyard, off street parking and a rear laneway.
Graced with a detailed backdrop of high ceilings, ornate roses, a classic architrave and a cast iron fireplace, the home offers a well-proportioned base for renovation with a skylit ensuite for the first-floor master domain, laundry facilities in the secondary bathroom and a neat kitchen big on bench space.
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Property History for 58 Palmerston Cres, South Melbourne, VIC 3205
- 20 Oct 2018Sold for $885,800
- 26 Sep 2018Listed for Sale Auction 20/10/18
- 01 May 1985Sold for $90,000
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 12,875 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.
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