806/259-263 Normanby Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

806/259-263 Normanby Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 7654m2
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Property Details for 806/259-263 Normanby Rd, South Melbourne

806/259-263 Normanby Rd, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2022. The property has a land size of 7654m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2022
Floor Size
51m2
Land Size
7654m2
Local Government
Port Phillip
Lot/Plan
806/PS812023

Last Listing description (September 2023)

R.Iconic, a brand new luxury complex offering a hotel-style lifestyle in a highly desirable location within walking distance of South Melbourne Market, Port Melbourne Beach, Albert Park Lake, Melbourne's CBD, and its Arts Precinct. Perfectly positioned to take full advantage of surrounding neighbourhoods with ease and convenience, this apartment is a 1-minute walk to the 109 Light Rail Tram service.

This larger than average one bedroom plus study apartment is luxuriously finished and has an abundance of natural light with floor to ceiling double glazed windows. The kitchen is fitted with European appliances, a marble island and pantry space, flowing into a spacious living/dining area. This space flows out onto a sheltered outdoor terrace allowing year-round entertainment. Without the compromise on space, the linen cupboard allows for ample storage in addition to the complimentary storage cage and built-in wardrobes.

As a resident of R-Iconic, you will enjoy access to the state of the art amenities including Cinema, 24/7 Building Concierge Services, Infinity Running Track, Gymnasium, Outdoor Pool, Sauna, Private Dining Garden Pavilions, Zen Garden & more. R.Iconic also provides an unrivalled full service experience to its residents including sharing economy (Uber, GoGet, UberEats, MenuLog etc), an app to communicate with building residents and management, extensive security access and CCTV coverage, electric vehicle charging stations, a dog wash station & more.

Sustainable features include a 5-star green star rating with efficient LED light fittings and water features, sustainably sourced materials, recycled rainwater to irrigate garden areas and individually controlled reverse cycle air conditioning units.

Property History for 806/259-263 Normanby Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$574,000
09 May 2023
Listed for Rent
$565/w
19 Sep 2023
  • 30 Aug 2023
    Listed for Rent $565 / week
  • 09 May 2023
    Sold for $574,000
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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 12,939 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.

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.