99 Palmerston Crescent, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

99 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 13 Jul 2026
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Property Details for 99 Palmerston Cres, South Melbourne

99 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015.

Building Type
Unit
Year Built
2015
Local Government
Port Phillip

Last Listing description (September 2025)

Furnished with Courtyard Moments from Albert Park Lake

PLEASE NOTE THAT THIS PROPERTY IS FURNISHED

Nestled in a quiet crescent, this beautifully furnished ground-floor apartment offers the ultimate blend of comfort, style, and conveniencecomplete with a rare north-facing courtyard and flexible open-plan layout.

Bathed in natural light through expansive floor-to-ceiling windows, the residence features sleek timber floors and quality furnishings throughout. The well-equipped kitchen includes ample storage and flows effortlessly into the living and dining spaceopening out to a leafy private courtyard that feels like an extension of your home.

The spacious bedroom is separated by broad translucent sliding doors, creating a flexible zone ideal for both rest and productivity, with built-in robes and a dedicated work-from-home area. A modern bathroom with generous cabinetry and a concealed European laundry adds to the appeal.

Additional features:
Direct street access
Reverse cycle heating and cooling

All of this positioned just moments from Albert Park Lake, the Royal Botanic Gardens, Clarendon Street shopping and dining, South Melbourne Market, multiple public transport options, and close proximity to the Rising Sun Hotel.

The property is open to flexible lease terms 6-12 months.

Just bring your suitcase. Welcome home.

Property History for 99 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
  • 16 Sep 2025
    Listed for Rent $550 WEEKLY
  • 19 Feb 2025
    Sold - Price Undisclosed
  • 07 Feb 2025
    Listed for Rent $540
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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 12,921 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:

  • The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 33 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 465 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.