704/38 Albert RoadSouth Melbourne VIC 3205
Property Details for 704/38 Albert Rd, South Melbourne
704/38 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 993m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last transferred in August 2021.
Last Listing description (December 2025)
Perfectly positioned just off St Kilda Road and directly opposite the Royal Botanical Gardens, this beautifully appointed 2-bedroom, 2-bathroom fully furnished apartment offers a bright, stylish, and ultra-convenient lifestyle in one of South Melbournes most sought-after pockets.
The generous open-plan living and dining area is filled with natural light and includes a dedicated study nookideal for work or study. It opens onto a spacious entertainers terrace, creating an inviting extension of your living space. The well-designed galley kitchen features European stainless-steel appliances, ample storage, and a dishwasher for everyday convenience.
Both bedrooms are fitted with built-in robes, with the master enjoying its own private ensuite. A second modern bathroom and a European laundry (complete with washing machine and dryer) further enhance the homes functionality.
Residents benefit from a secure, well-maintained building, air-conditioning for year-round comfort, and access to gym, a fantastic rooftop garden with BBQ facilitiesperfect for relaxing or entertaining.
Located moments from cafs, restaurants, the Melbourne CBD, the Botanic Gardens, and Albert Park Lake, this apartment promises an unbeatable lifestyle in an incredible location. Both short-term and long-term leases are welcomed, offering flexibility to suit a range of needs.
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Property History for 704/38 Albert Rd, South Melbourne, VIC 3205
- 21 Nov 2025Listed for Rent $750 / week
- 01 Apr 2022Listed for Rent $700 / week
- 09 Nov 2021Listed for Rent - Price not available
Recent sales nearby
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0About 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 12,880 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.14% increase in median value, while Units have seen a 6.21% increase. As at 31 December 2025:
- The median value for Houses in South Melbourne is $1,743,660 while the median value for Units is $637,243.
- Houses have a median rent of $720 while Units have a median rent of $650.
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