603/8 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for 603/8 Palmerston Cres, South Melbourne
603/8 Palmerston Cres, South Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces.
Last Listing description (April 2024)
Delivered by Projects by Crema, The Eighth encourages a new way of living and an opportunity to be a part of a future-focused building at the vanguard of a global shift in lifestyle aspirations.
The vision for The Eighth has been inspired by an appreciation for the evolution in lifestyle, workplace and wellness trends that is taking place around the world.
A sense of belonging and community, a focus on health and wellbeing and a blurring of the lines between work,
The Eighth is the result of a shared vision between developer Projects by Crema and architect Elenberg Fraser to create a building concept which puts experienced focused, multifaceted living at the forefront of the offering. From the project's inception, the pair has been determined to create a building filled with possibilities for experiences, and amenities and spaces that residents would utilise every day to enhance their lives.
A building that flows with the rhythms of residents' days and offers an entirely new paradigm for living - one based on interconnectedness and a heightened sense of being.
The result of their no-compromises approach is a building that makes possible a life filled with meaningful work and play, one in which daily life is amplified through purposeful design and a considered approach to lifestyle based on what matters to each individual. The Eighth is an environment in which time to restore oneself is built into the experience of living there, and where stimulating the senses is part of the everyday through spaces designed to inspire. The Eighth offers an environment that instils a sense of belonging rooted in a holistic approach to living.
The Eighth's various elements - which include a grand central lobby, hospitality offering, members-only wellbeing club, rooftop pool and curated work spaces - combine to create a self-contained and completely resolved place to live that offers the possibility of a curated life where every day experiences are heightened, and where the senses are stimulated. The delicate balance between, and overlap of the pillars and areas throughout The Eighth represent the true-to-life interconnectedness that this building caters for. So much of The Eighth's elegance is down to its intuitive understanding of what will make its residents feel at home.
Property History for 603/8 Palmerston Cres, South Melbourne, VIC 3205
- 29 Feb 2024Listed for Sale $1,500,000
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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 12,921 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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