G05/99 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for G05/99 Palmerston Cres, South Melbourne
G05/99 Palmerston Cres, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 847m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in March 2012.
Last Listing description (January 2026)
*UNFURNISHED
Delivering style, space and lifestyle excellence, this oversized one-bedroom apartment within the award-winning 'Momentum' building by ARM Architecture captures the very best of inner-city living. Perfectly positioned within the Albert Park Lake sports precinct, you're just moments from Clarendon Street cafs, restaurants, parklands and multiple transport links.
Bathed in natural light, the layout showcases open-plan living flowing seamlessly to a private terrace perfect for indoor-outdoor entertaining. The sleek kitchen impresses with Miele appliances and ample storage while the spacious bedroom includes full-length built-in robes. A designer bathroom with mirrored cabinetry, European laundry, split system heating/cooling, and secure building access with on-site manager complete the package.
Unbeatable location:
Walk to Albert Park Lake, The Tan, Royal Botanic Gardens, South Melbourne Market, MSAC, Anzac Station and Albert Park Village all within easy reach.
**Photos are for advertising purposes only
**Bond is one month rental
Property History for G05/99 Palmerston Cres, South Melbourne, VIC 3205
- 05 Jan 2026Listed for Rent $530 / week
- 02 Mar 2012Sold for $445,000
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 12,940 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.
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