801/196-206 Albert RoadSouth Melbourne VIC 3205
Property Details for 801/196-206 Albert Rd, South Melbourne
801/196-206 Albert Rd, South Melbourne is a 2 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 2005. The property has a land size of 895m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (October 2023)
At a glance
- Superb 'SILVERPOINT' sub-penthouse
- Breathtaking views of the lake, the bay and beyond
- Flexible design with parking for 3 cars
Abode
Terrace expanses, an elegant pergola and desirable decking surround the luxurious 8th floor spaces of this SILVERPOINT sub-penthouse, delivering indoor-outdoor excellence and a stunning context for entertaining with outlooks over Albert Park Lake to Port Phillip Bay and beyond. A fabulous open-plan kitchen meets every need with exceptional efficiency, enhancing a 2 bedroom, 2 bathroom design that also features a substantial study. 3 secure car spaces add to the appeal of an address where residents' facilities include a gym, library and reception room.
Area
The best of South Melbourne, the beauty of the lake, its parkland and bike paths, and the attractions of the city centre are all within the immediate sphere of this sophisticated building. Close to the market, shops and the Grand Prix track.
Property History for 801/196-206 Albert Rd, South Melbourne, VIC 3205
- 16 Oct 2023Sold for $2,625,000
- 19 Jul 2023Listed for Sale Not Disclosed
- 03 Jul 2007Sold for $2,050,000
Recent sales nearby
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0About 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 12,874 properties. Over the last 5 years, Houses in South Melbourne have seen a 1.10% increase in median value, while Units have seen a 3.74% increase. As at 31 May 2026:
- The median value for Houses in South Melbourne is $1,736,032 while the median value for Units is $635,102.
- Houses have a median rent of $825 while Units have a median rent of $675.
Suburb Insights for South Melbourne 3205
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