62 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

62 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 178m2
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Property Details for 62 Palmerston Cres, South Melbourne

62 Palmerston Cres, South Melbourne is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 178m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in October 2010.

Building Type
House
Year Built
1970
Floor Size
76m2
Land Size
178m2
Local Government
Port Phillip
Lot/Plan
1/TP439462

Last Listing description (January 2024)

PLEASE NOTE THIS PROPERTY IS UNFURNISHED

Positioned in a fabulous location, nestled between Albert Park Lake and the verdant Domain Gardens, this delightful house is on the doorstep of all the delights that South Melbourne has to offer. This residence boasts a private front courtyard that leads up to the spacious freestanding home, flooded with natural light on three sides.

A generous light-filled lounge and dining area provides flexibility and ample accommodation, while the adjoining kitchen with abundant retro appeal offers gas cooking and plenty of storage. Heading down the hallway we find the bedroom and separate large study, both with build-in robes and wood effect floating floors. The tidy central bathroom with shower over bath and separate toilet finishes off the interior of this lovely home.

Further benefits include gas space heater in the living area, comfortable backyard, separate laundry and council allocation for 2 street parking permits.

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Property History for 62 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$723,000
16 Oct 2010
Listed for Rent
$495/w
13 Sep 2022
  • 10 Jan 2024
    Listed for Rent $560 / week
  • 28 Jun 2022
    Listed for Rent $495 / week
  • 08 Jun 2012
    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 39 properties listed for sale, and 28 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 480 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.