703/38 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

703/38 Albert Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 993m2
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Property Details for 703/38 Albert Rd, South Melbourne

703/38 Albert Rd, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 993m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in March 2014.

Building Type
Unit
Year Built
2013
Floor Size
61m2
Land Size
993m2
Local Government
Port Phillip
Lot/Plan
703/PS638816

Last Listing description (January 2024)

Perfectly positioned within walking distance to the famous Royal Botanical Gardens and Albert Park Lake is this dazzling apartment. Living in the Albert Tower will place you in the heart of it all.

With the city just around the corner and access to trams connecting you to the Docklands, St Kilda Road and Southbank within easy reach. You will have everything you need at your finger tips!

Life is made easy living in this one bedroom, one bathroom plus study. Come home to an abundance of light filtering in through your own private balcony and enjoy the luxuries that come with being a part of the Albert Tower community.

Features of this apartment include:
- Refined timber flooring
- Split system reverse cycle air-conditioning
- Fully equipped kitchen
- Stone bench tops
- Secure undercover car space
- Level 28 rooftop sun-deck with spectacular views surrounded by communal gardens
- Gymnasium

This property is unfurnished, available from 10/07/2023 for a lease period of 12 months.

Property History for 703/38 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$555,000
18 Mar 2014
Listed for Rent
$550/w
17 Aug 2023
  • 13 Jun 2023
    Listed for Rent $550 / week
  • 16 Dec 2019
    Listed for Rent - Price not available
  • 20 Jan 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 12,897 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.36% increase in median value, while Units have seen a 4.53% increase. As at 31 March 2026:

  • The median value for Houses in South Melbourne is $1,708,851 while the median value for Units is $653,902.
  • Houses have a median rent of $820 while Units have a median rent of $665.
There are currently 42 properties listed for sale, and 36 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 491 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.