8/79-81 Palmerston Cres, South Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2020. The property has a land size of 331m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.
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As new 2 bedroom security apartment in Boutique building in the heart of South Melbourne. Stunning north facing city views from your balcony and conveniently positioned near city tram, South Melbourne market and Albert Park Lake moments away. State of the art kitchens with Asko gas appliances + dishwasher. This apartment is completed with separate laundry facilities, built-in robes, oak timber floorboards, storage cage + bike rack, video + intercom entry and plenty of natural light.
PLEASE NOTE: Property availability is subject to change without notice.
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 12,941 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:
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