Back 406/97 Palmerston Cres
Off Market

406/97 Palmerston Cres

South Melbourne VIC 3205

1
1
0 m²
0 m²
Apartment
Last sold for $297,000
Jason LiJason Li, last sold this property on 11 July 2023 after 67 days on market.

Overview

Spectacular South Melbourne Style, Unrivalled Inner-City Lifestyle

Impeccably presented with unmatched quality, this ultra-stylish 1 bedroom apartment sets an exacting standard for South Melbourne sophistication. Neatly nestled in a leafy lifestyle precinct, walk to Clarendon Street, Albert Park Lake, MSAC, fresh South Melbourne Market produce and a choice of tram lines. Make your move to a city-edge neighbourhood united by convenience! Beyond a high, wide and inviting hallway entrance, the home opens up in style with light-filled living and dining on lightly toned timber flooring. A streamlined kitchen boasts stone surfaces, quality Miele appliances including an electric cooktop, a concealed fridge space and a Fisher and Paykel dish-drawer. Set with sweeping elevation from the fourth floor, a private undercover balcony runs the full width of the property, taking care of alfresco entertaining with neighbourhood views to enjoy every day. The large and naturally lit bedroom is graced with wall-to-wall built-in robes, serviced by a deluxe bathroom with a rainfall shower, mirrored cabinetry and floor-to-ceiling tiles. Offering wide-ranging appeal for owner-occupiers and investors in the low-rise luxury of the boutique Orbis complex, take full advantage of a Euro-style laundry, split-system heating and cooling, roller blinds, video intercom entry and lift access. Inspect to be impressed! * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Features

1 bedroom
1 bathroom
0 m² floor area
0 m² lot size
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 406/97 Palmerston Cres is $431.25k.

Median value
$431.25k
Estimated value range
$275k - $770k
Median days on market
25
Estimated value trend
4%
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 406/97 Palmerston Cres

2023
Sold
$297,000
11 Jul 2023 by Jason Li, of MICM
2022
Rented
Undisclosed
Leased on 31 Jan 2022 by National Property Management

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 24 reviews in South Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in South Melbourne

In the last 12 months, 68 one-bedroom apartments similar to 406/97 Palmerston Cres, have been sold.

This represents a 21% increase in one-bedroom apartments sales when compared to the previous 12 months.

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