Back 114 Palmerston Cres
Off Market

114 Palmerston Cres

South Melbourne VIC 3205

2
1
1
House
Last sold for $1,255,000
Simon GowlingSimon Gowling, last sold this property on 25 February 2026 after 21 days on market.

Overview

Sun-filled contemporary ease in a prime city-fringe pocket

Delivering style and space with a quintessential contemporary city-edge lifestyle, this brilliantly renovated two-bedroom Victorian home balances location, functionality and period proportion to perfection. Extending to secure off-street parking via ROW and allowing in desirable natural light through its intelligent updates and northern rear orientation, it offers ease of living in a premier, tree-lined pocket, just steps from Albert Park Lake, Clarendon Street dining and brunch at the popular Clementine Cafe. Accentuated by the trademark high ceilings, original ornate beauty and timber flooring, the two robed bedrooms at the front of the feature plenty of natural light, one with air conditioning and a sunny northerly aspect to the rear courtyard, and the other shutters and an OFP. Open living and dining spaces stretch out to the rear, drawing in sunlight from multiple angles and offering direct access to the wraparound courtyard, framed by exposed brickwork and featuring a built-in bar. A statement kitchen with Miele appliances complements the entertainer’s flow, with a sleek bathroom and laundry to the rear. Heating and cooling, restored original features, and thoughtful modern updates make for a lifestyle gem, designed for the ultimate city-fringe retreat, a short walk to The Domain, ANZAC Station, MSAC, Royal Botanic Gardens and multiple tram routes into the CBD and beyond.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in South Melbourne over the last 12 months, the estimated median property value of 114 Palmerston Cres is $1.24m.

Median value
$1.24m
Estimated value range
$840k - $1.72m
Median days on market
25
Estimated value trend
-4%
decrease 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 114 Palmerston Cres

2026
Sold
$1,255,000
25 Feb 2026 by Simon Gowling, of Jellis Craig Port Phillip
2023
Rented
Undisclosed
Leased on 11 Sep 2023 by Jas Stephens Real Estate
2020
Sold
Undisclosed
21 Apr 2020 by Simon Graf, of RT Edgar Albert Park

Happy sellers in South Melbourne

52%
52% 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 2 bedroom houses in South Melbourne

In the last 12 months, 38 two-bedroom houses similar to 114 Palmerston Cres, have been sold.

This represents a 3% increase in two-bedroom houses sales when compared to the previous 12 months.

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