9/79-81 Palmerston Cres, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.
Positioned within the boutique The Crescent building, this sophisticated residence offers a beautifully considered floorplan, quality finishes and sweeping city views in one of South Melbourne's most desirable locations.
The expansive open-plan living and dining area is the heart of the home, with wide oak flooring, a striking gas fireplace and floor-to-ceiling windows framing an impressive outlook across Melbourne's skyline. The living space extends seamlessly onto the full-width balcony, creating an exceptional setting for both everyday living and entertaining.
The sleek kitchen makes a statement with its generous island bench, an integrated fridge, bespoke cabinetry, stainless steel appliances and gas cooking, while maintaining a seamless connection with the living and dining zones. The thoughtfully designed layout maximises both functionality and style.
Both bedrooms are generously proportioned and privately positioned away from the main living areas. The main bedroom features excellent storage with his and hers robes and a stylish ensuite, while the second bedroom is serviced by a beautifully appointed central bathroom. Both bathrooms showcase floor-to-ceiling tiling and sophisticated finishes.
Adding further practicality, the apartment includes a separate fully fitted laundry, dedicated built-in office space, ducted heating and cooling, NBN connectivity, secure video intercom entry and a secure car space.
Perfectly positioned between Albert Park Lake, the Royal Botanic Gardens, MSAC and The Tan, the home places an abundance of parklands, recreation and lifestyle amenities within easy reach. South Melbourne Market, Clarendon Street, local cafs and restaurants are all close by, while nearby tram routes provide easy access to the CBD and surrounding suburbs.
Offering exceptional proportions, striking city views and an enviable South Melbourne lifestyle, this is a beautifully appointed residence designed for effortless everyday living.
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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 13,068 properties. Over the last 5 years, Houses in South Melbourne have seen a -5.62% decrease in median value, while Units have seen a 2.09% increase. As at 31 August 2026:
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