Back 401/97 Palmerston Crescent
Off Market

401/97 Palmerston Crescent

South Melbourne VIC 3205

2
1
1
Apartment
Alex CondonAlex Condon, last sold this property on 11 November 2022 after 106 days on market.

Overview

Prime inner city lifestyle with stunning views

Inspect via appointment. Spectacular uninterrupted northerly views of the city from the interior and the balcony give this two bedroom apartment instant appeal and herald a fabulous lifestyle. Located on Level 4 of the highly sought-after Orbis Building, close to Albert Park Lake and Clarendon Street, this is more than just a place to live in. Living here allows you to become immersed in the local South Melbourne and Albert Park environment. Designed by prize-winning architects ARM, a practice that creates apartment buildings which are not only places to live in, the unique Orbis building embodies their philosophy of being part of the surrounding urban landscape. From the South Melbourne Market to cafes, shops, the Lake and MSAC, everything is close. When you return home, enjoy the open plan living zone that includes a Miele kitchen with convection cooktop, stone benchtops, brand new floor to ceiling roller blinds, soft closing cabinetry and generous storage, all of which will contribute to preparing gourmet meals with ease. Step outside onto the north-facing balcony with amazing city views for al fresco dining. The master bedroom is distinguished by built-in robes whilst the second has free-standing robes and they share a large mosaic tiled bathroom. As well as a European laundry, wide floorboards and new carpets, this apartment has reverse cycle heating and cooling, a secure car space, storage cage, secure video entry for peace of mind, a beautiful lobby and walkability to local cafes, shops, parks and the tram to the CBD.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 401/97 Palmerston Crescent is $615k.

Median value
$615k
Estimated value range
$425k - $1.31m
Median days on market
34
Estimated value trend
2%
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 401/97 Palmerston Crescent

2022
Sold
Undisclosed
Private Sale/Treaty on 11 Nov 2022 by Alex Condon, of Kay & Burton Stonnington

Happy sellers in South Melbourne

59%
59% 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 18 reviews in South Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in South Melbourne

In the last 12 months, 108 two-bedroom apartments similar to 401/97 Palmerston Crescent, have been sold.

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

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