708/32 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

708/32 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 708/32 Palmerston Cres, South Melbourne

708/32 Palmerston Cres, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Local Government
Port Phillip
Lot/Plan
708/PS823296

Last Listing description (April 2025)

Elevate your lifestyle with this brand new, elegant 2-bedroom, 2-bathroom apartment, complete with a secure carpark and luxurious finishes. Located in the heart of South Melbourne, Oasis Residence is perfectly positioned for unparalleled convenience and stylish urban living.

PRIME LOCATION:
+ Connected to Melbourne's transport network: Just a 2-minute walk to the future Anzac Train Station (opening 2025) and steps from major tram lines, including St Kilda Road's 8 routes (1, 3, 3A, 5, 6, 16, 64, 67, 72) and Tram 58 on Park Street

+ Driver-friendly access: The M1 freeway entrance is only 900m away, offering seamless connections to greater Melbourne
+ Access: Close to South Melbourne Market, Royal Botanic Gardens, Albert Park Lake, and an array of shopping, dining, and leisure optionspositioned for unparalleled convenience and stylish urban living.

APARTMENT FEATURES:
+ Spacious Living: Open-plan design for seamless living and entertaining
+ Modern Kitchen: Premium appliances, including a gas cooktop, dishwasher, and built-in fridge, paired with sleek cabinetry and generous counter space
+ Private Bedrooms: Two large bedrooms with built-in wardrobes, including a master with ensuite and a study nook
+ Elegant Bathrooms: Two contemporary bathrooms with high-end fixtures and finishes
+ European Laundry: Practical and discreet
+ Secure Parking: Dedicated car space and storage cage for added convenience and security
EXCLUSIVE BUILDING AMENITIES:
+ Formal Dining Room with a fully equipped kitchen for entertaining
+ Children's Play Area for family-friendly living
+ Piano Room for music enthusiasts
+ Heated Rooftop Swimming Pool, perfect for relaxing or staying active
+ State-of-the-Art Gym (100+ sqm) and sauna, supporting your wellness lifestyle

EXCLUSIVE BUILDING AMENITIES:
+ Formal Dining Room with a fully equipped kitchen for entertaining
+ Children's Play Area for family-friendly living
+ Piano Room for music enthusiasts
+ Heated Rooftop Swimming Pool, perfect for relaxing or staying active
+ State-of-the-Art Gym (100+ sqm) and sauna, supporting your wellness lifestyle

With its prime location, thoughtfully designed interiors, and world-class shared facilities, Oasis Residence offers the perfect blend of comfort, luxury, and urban convenience. Don't miss out-enquire today to secure your new home!

APPLICATIONS & INSPECTIONS:
Make sure to register for Open Inspections and get live updates when new times are advertised. Send an enquiry, scan the QR code in Images or visit our iSell Group website to register and apply for all properties.

DISCLAIMER:
Whilst every effort has been made to ensure the information provided in this advertisement is complete and accurate, iSell Group will not be liable for any errors, omissions or misinterpretations. All interested parties should ensure the accuracy of information by personally verifying the details. Condition of properties are considered Accepted as presented, upon physical inspection by applicants.

Property History for 708/32 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$862,000
17 Jun 2021
Listed for Rent
$790/w
29 Apr 2025
  • 07 Apr 2025
    Listed for Rent $790 / week
  • 17 Jun 2021
    Sold for $862,000
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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 12,940 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 51 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 485 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.