606/196-206 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

606/196-206 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 92m2
Land area: 895m2
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Property Details for 606/196-206 Albert Rd, South Melbourne

606/196-206 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 895m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in October 2010.

Building Type
Unit
Year Built
2005
Floor Size
92m2
Land Size
895m2
Local Government
Port Phillip
Lot/Plan
606/PS443832

Last Listing description (March 2021)

Magnificent north-facing apartment in a boutique stylish block, close to CBD and Albert Park Lake but situated in a tranquil street.
Just a stroll away from Aquatic Centre, Golf Course, Beach, Clarendon St shops and South Melbourne Market this spectacular apartment boasts two large bedrooms with built in robes, ensuite, second bathroom with bath, European laundry, study, open plan living and dining leading to balcony with uninterrupted city views.
Further complimenting this apartment is two secure side by side car parks, split system heating/cooling, storage, gym, and a lounge area.

This is city living at its best!

Property History for 606/196-206 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$736,000
20 Oct 2010
Listed for Rent
$650/w
17 Mar 2021
  • 23 Nov 2020
    Listed for Rent $650 / week
  • 26 Jul 2017
    Listed for Rent $720 / week
  • 22 Jun 2016
    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. It has 15 parks covering nearly 3.3% of 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 12,877 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.10% increase in median value, while Units have seen a 5.96% increase. As at 31 January 2026:

  • The median value for Houses in South Melbourne is $1,777,710 while the median value for Units is $634,357.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 38 properties listed for sale, and 27 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.