603/99 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

603/99 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 106m2
Land area: 847m2
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Property Details for 603/99 Palmerston Cres, South Melbourne

603/99 Palmerston Cres, South Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 847m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
Unit
Year Built
2014
Floor Size
106m2
Land Size
847m2
Local Government
Port Phillip
Lot/Plan
2603/PS701488

Last Listing description (January 2025)

Imagine stepping out onto your 100+ sqm terraced balcony, where the city's skyline stretches before you, and sunsets bathe the CBD views in a warm, golden glow. This is more than just a homeit's an experience, a sanctuary for entertaining and unwinding in the heart of the city.

As you walk inside, the elegance is undeniable. Wide-cut, aged oak floors flow throughout, adding a touch of timeless sophistication. The open-plan kitchen beckons with its sleek design, perfect for hosting dinners that transition seamlessly into lively conversations in the spacious north-western living area, bathed in natural light.

This home's thoughtful layout offers two master suites, each with its own ensuite for unparalleled comfort and privacy. A separate oversized study adds a versatile spaceideal for productivity or indulging in your creative pursuits.

Tucked into a corner position, this home offers a rare sense of privacy, enhanced by its breathtaking vistas. And practicality hasnt been overlooked, with a double lock-up garage providing secure parking and ample storage for all your needs.

This is more than just an apartment; its a place where evenings come alive with laughter on the terrace, mornings are filled with the glow of the city waking up, and every moment feels like the perfect balance of luxury and urban living.

Property History for 603/99 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,510,000
18 Jan 2025
Listed for Rent
$850/w
11 Aug 2016
  • 18 Jan 2025
    Sold for $1,510,000
  • 17 Jan 2025
    Listed for Sale Undisclosed
  • 22 Sep 2018
    Sold for $1,300,000
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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 12,939 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 54 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 486 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.