605/89 Gladstone Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

605/89 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 60m2
Land area: 813m2
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Property Details for 605/89 Gladstone St, South Melbourne

605/89 Gladstone St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 813m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in April 2025.

Building Type
Unit
Year Built
2017
Floor Size
60m2
Land Size
813m2
Local Government
Port Phillip
Lot/Plan
605/PS735510

Last Listing description (December 2025)

• Stunningly modern apartment in a prime South Melbourne location
• Oversized terrace with stunning northern views
• Split system cooling and heating air conditioning

• Discreet Euro laundry
• Designated private car park
• 750m to South Melbourne Markets
• 1.9km to Albert Park
• 1.9km to Port Melbourne Beach
• 2.4km to Flinders Street Station

Perched on the sixth floor with sweeping city views, this stunning 2-bedroom, 2-bathroom residence offers a perfect blend of effortless style, modern comforts, and an enviable inner-city lifestyle. Situated in a premium complex, residents enjoy exclusive access to an impressive rooftop retreat, complete with a spa, cinema, lounge, and BBQ area. Adding to its allure is a prime location, just moments from the vibrant shopping precincts of South Melbourne and Port Melbourne.

Bathed in natural light, the expansive open-plan living area is framed by floor-to-ceiling windows, seamlessly extending to a spacious outdoor terrace - ideal for relaxing or entertaining. Overlooking the heart of the home, the sleek kitchen boasts a chic breakfast bench, ample storage, and premium Bosch appliances, including an oven and dishwasher. Both bedrooms are generously sized, fitted with built-in robes, and complemented by two luxurious bathrooms, including a master ensuite. Additional conveniences include a discreet Euro laundry, a Fujitsu inverter for year-round comfort, a secure storage cage, and a designated car space.

With trams at your doorstep, South Melbourne Market, and an array of charming cafes just a short stroll away, convenience is second to none. Enjoy easy access to DFO South Wharf, Bay Street's shops and eateries, and the picturesque Port Melbourne Beach, only a 5-minute drive away. Nestled between Southbank, Albert Park, and Port Melbourne, this exceptional address promises the very best of urban living.

Available now with vacant possession for any and all enquiries call Taylor Sims on 0403 485 210.

Property History for 605/89 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$529,280
17 Apr 2025
Listed for Rent
13 Jun 2025
  • 15 May 2025
    Listed for Rent $710 / week
  • 17 Apr 2025
    Sold for $529,280
  • 24 Mar 2025
    Listed for Sale $525,000 - $575,000
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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 12,852 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 30 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 477 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.