501/99 Palmerston Crescent

Off Market

501/99 Palmerston Crescent

South Melbourne VIC 3205

Apartment

Matthew Grima, last sold this property on 26 August 2025 after 21 days on market.

Overview

Under Contract

Soaring above the vibrancy of South Melbourne to frame some of the most spectacular city views that Melbourne can offer, this impeccable, north-facing two bedroom, two bathroom 'Orbis and Momentum' residence is unequivocally one of the inner-south's finest. Nestled between the vast expanses of Albert Park Lake, the vibrancy of Clarendon Street and the sanctuary of the Botanic Gardens, the apartment also enjoys the rare privilege of a secure, off-street garage space with direct access via Eastern Road. Appointed with stone benches and Miele cooking that includes a convection cooktop, the kitchen / dining / living room is impressively scaled with a built-in study nook and is seamlessly connected to a sundrenched north-facing terrace where the views are the star attraction. Privately staged away from living, the bedrooms have each been completed with abundant built-in robe storage the primary bedroom also with its own fully-tiled ensuite that is themed to the central bathroom. Accessed securely by video entry and a fob-activated elevator, the apartment also offers a concealed laundry, split system heating and air conditioning. Whether it be an early lap of the lake, a local coffee or a stroll through the Botanic Gardens, the lifestyle offering here is extraordinary, plus you have a diversity of restaurants and great pubs at your doorstep, easy access to all transport, South Melbourne Market, Southbank, the CBD and all of Melbourne's famous sporting, cultural and artistic venues.

Features

2 bedrooms

2 bathrooms

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 501/99 Palmerston Crescent is $625k.

Median value

$625k

Estimated value range

$450k - $1.43m

Median days on market

Estimated value trend

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 501/99 Palmerston Crescent

2025

Rented

Undisclosed

Leased on 19 Oct 2025 by Marshall White - Port Phillip

2025

Sold

Undisclosed

Private Sale/Treaty on 26 Aug 2025 by Matthew Grima, of Marshall White - Stonnington

2023

Rented

Undisclosed

Leased on 20 Jul 2023 by MRE

Happy sellers in South Melbourne

51%

51% 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 23 reviews in South Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in South Melbourne

In the last 12 months, 102 two-bedroom apartments similar to 501/99 Palmerston Crescent, have been sold.

This represents a 19% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in South Melbourne for a free market appraisal.

Rohan White

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Melbourne

Rohan White

Rohan White is an award winning recommended agent for South Melbourne. They have 22 local sales and collected 7 local reviews across the last 12 months.