93-95 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for 93-95 Palmerston Cres, South Melbourne
Last Listing description (October 2023)
93-95 PALMERSTON CRESCENT, SOUTH MELBOURNE VIC 3205
A rare city fringe 3-level freehold building offered with vacant possession with good natural light and breathtaking views of Melbourne's skyline
Frontage onto the highly coveted Palmerston Crescent plus rear access and 8 on-site car parks
Tranquility of residential street with the benefits and amenity of inner city lifestyle
Cafes, bars, corporate headquarters and Albert Park are all in close proximity providing for a perfect environment to set up your business or to attract a wide variety of tenants
Commercial 1 zone land provides flexibility with uses and also has capacity for future upside (STCA)
On-site Public Auction Thursday 19th November 2015 at 11.00am
Property History for 93-95 Palmerston Cres, South Melbourne, VIC 3205
- 22 Oct 2015Listed for Sale SOLD - Price Withheld
- 28 Jul 2015Listed for Rent $99,000 / year
- 15 Jun 2011Listed for Rent $56,000 / year
Recent sales nearby
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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 13,054 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:
- The median value for Houses in South Melbourne is $1,687,888 while the median value for Units is $636,972.
- Houses have a median rent of $825 while Units have a median rent of $680.
Suburb Insights for South Melbourne 3205
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