Back 108/75 Palmerston Crescent
Off Market

108/75 Palmerston Crescent

South Melbourne VIC 3205

1
1
Apartment
Last sold for $320,500
Andrew WuAndrew Wu, last sold this property on 07 May 2026 after 58 days on market.

Overview

The Brief: Stylish home in the prestigious Lakehouse Your slice of the Albert Park lifestyle.

It's Addressed: Enjoy contemporary comfort and lifestyle convenience in one of Melbourne's most desirable pockets near Albert Park. Positioned within the boutique, mid-rise Lakehouse buidlding, this beautifully appointed 1-bedroom apartment is perfectly located just moments from the vibrant South Melbourne Market, the charming cafes and shops of Albert Park Village, and the stunning Royal Botanic Gardens Victoria. This residence offers the ideal blend of tranquillity and urban convenience. Step inside to discover an open plan living and dining area enhanced by: - Timber flooring throughout the living zone - Feature and track lighting for a warm, designer ambience - Convenient built-in feature shelving in both the living room and bedroom - Full-height glass sliding doors opening to a covered balcony with lighting - Striking feature balcony balustrade The sleek white kitchen is both stylish and functional, showcasing: - Gas cooktop - Stainless steel Bosch appliances - Integrated dishwasher - Mirror splashback - Sleek black tapware The generous bedroom features plush carpet, a mirrored built-in robe and additional built-in shelving for smart storage solutions. The contemporary bathroom is finished with floor-to-ceiling tiling and includes: - Concealed European-style laundry with washing machine and tumble dryer (included in the sale) - Modern black tapware Additional highlights: - Split system heating and cooling - Secure intercom entry - Lift access Offering a premium lifestyle address moments from the lake, beach, market culture, and lush gardens, this apartment is ideal for first-home buyers, professionals or savvy investors seeking a high-demand location. For more Real Estate in South Melbourne contact your Area Specialist. Disclaimer: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers/renters are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 108/75 Palmerston Crescent is $436k.

Median value
$436k
Estimated value range
$290k - $630k
Median days on market
25
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 108/75 Palmerston Crescent

2026
Sold
$320,500
Private Sale/Treaty on 07 May 2026 by Andrew Wu, of Area Specialist Dynamic
2025
Rented
Undisclosed
Leased on 10 Jan 2025 by Dynamic Residential

Happy sellers in South Melbourne

62%
62% of sellers in South Melbourne reported that their sale price either exceeded or met their price expectations.

South Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in South Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in South Melbourne

In the last 12 months, 71 one-bedroom apartments similar to 108/75 Palmerston Crescent, have been sold.

This represents a 5% increase in one-bedroom apartments sales when compared to the previous 12 months.

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