607/97 Palmerston Crescent, South Melbourne, VIC 3205 sold on 13 October 2025 | OnTheHouse
SOLD
Sold on 13 Oct 2025 for $295,000

607/97 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 607/97 Palmerston Cres, South Melbourne

607/97 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 1 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2015
Local Government
Port Phillip
Lot/Plan
1607/PS701488

Last Listing description (May 2020)

Inner City At Its Best

***PLEASE NOTE: WE WILL BE SHOWING THIS PROPERTY BY PRIVATE INSPECTION ONLY***

Fantastic ultra modern one bedroom apartment at the 'Momentum Building', located in a leafy neighbourhood near Albert Park

Architecturally designed with the most modern fixtures and finishes. Light filled Open plan kitchen with Stainless steel Miele appliances, quality finishes with stone bench tops & timber flooring throughout
Large bedroom (big enough to fit a king size bed) with floor to ceiling built in robes & access to large private covered balcony.
Modern sleek and spacious bathroom which incorporates a larger frameless shower recess and clean stylish lines.

Features includes:
Good size balcony
European style laundry
Security intercom
Air conditioning
Security entrance
Lift access
Close to Shops & public transport

** Photo ID required for entry **


** IMPORTANT NOTE**
Our team is taking measures to ensure the wellbeing of all customers and staff in line with official public health advice.
-If you are feeling unwell, please do not attend our office or any advertised open for inspections
- We ask that you practice safe distancing when speaking with our team and do not shake hands
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** To book a time to inspect this property, please click on Book an Inspection Time' to register your details if no times are available or select your preferred inspection time using our online system. By registering, you will be ALWAYS informed of any updates, changes or cancellations for your appointment ***

Property History for 607/97 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$295,000
13 Oct 2025
  • 06 May 2020
    Listed for Rent $320
  • 03 Oct 2016
    Listed for Rent - Price not available
  • 02 Jul 2015
    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. 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 12,931 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 30 properties listed for sale, and 43 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 466 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.