707/148-150 Wells Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
 
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707/148-150 Wells Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 24 Aug 2026
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Property Details for 707/148-150 Wells St, South Melbourne

707/148-150 Wells St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. While the property is not currently for sale or for rent, it was last sold in March 2003.

Building Type
Unit
Year Built
2003
Local Government
Port Phillip
Lot/Plan
707/PS426962

Last Listing description (May 2024)

Very spacious apartment with new carpet, secure car parking in a great complex with pool, gym, BBQ and tennis court

Fitted chrome fittings and energy efficient LED down-lights. Situated on the 7th floor with views over the facilities including tennis court, pool and bbq garden area, its a generously sized apartment. This apartment has an open plan kitchen, dining and living area - great for entertaining.

The bedroom is extra large with large built-in robes - plenty of storage space (the photo shows the room with a king size bed). The bathroom has a full-size bath and the laundry contains a built-in dryer. This is one of the few one bedroom apartments with reverse cycle heating and cooling. The kitchen comes complete with dual basin sink, stainless steel stove, oven and rangehood and includes a dishwasher.

The complex comes complete with a pool, gym, tennis court and garden area with BBQ - perfect for having friends over! The complex is very well maintained with daily cleaning, closed-circuit security cameras and security patrols over the weekend. Also includes one car space in the secure remote-controlled garage. See inspection times or call the landlord directly to arrange an inspection.

Features:

Balcony
Swimming Pool
Tennis Court
Built-In Wardrobes
Renovated
Views
Air Conditioning/Heating
Lift
Undercover parking
Laundry with dryer
Dishwasher

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Property History for 707/148-150 Wells St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$225,000
27 Mar 2003
  • 15 May 2024
    Listed for Rent $545 per week
  • 09 Feb 2023
    Listed for Rent $485
  • 11 Jan 2021
    Listed for Rent $325 per week
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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 12,939 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 29 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 490 properties were sold in the past 12 months in South melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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