505/75 Palmerston Crescent

Off Market

505/75 Palmerston Crescent

South Melbourne VIC 3205

52 m²

Apartment

Last sold for $394,000

Cary Thornton, last sold this property on 18 June 2025 after 15 days on market.

Overview

SOUTH MELBOURNE LUXURY A SHORT WALK TO AMAZING PARKLANDS!

Nestled in the most stunning of South Melbourne pockets not far from Albert Park Lake, Royal Botanic Gardens, and Fawkner Park, this luxurious and light-filled 1 bedroom apartment is a chic city's edge haven you need in your life. This property is immaculate and stunning in its presentation The easy design and price point make it perfect for first-home buyers and keen investors Sumptuous timber floors impress throughout so much of the apartment Entry feeds into a memorable stone kitchen with stainless steel Bosch appliances Living and dining zone is a cinch to care for Generous undercover balcony with so much alfresco versatility also gives you glimpses of parts of the city Deluxe bathroom offers floor-to-ceiling tiling and a rain shower Bedroom promises built-in robe storage European laundry Split system heating and cooling Gallery lighting Secure intercom Storage cage Secure car space The Essentials Internal Area: 45m² External Area: 7m² Total Size: 52m² LOCATION Aside from having easy access to the best parklands in inner city Melbourne, you're also very close to Melbourne Sports and Aquatic Centre, nearby cafes including The Kettle Black and Clementine, Clarendon Street shops and restaurants, South Melbourne Market, Domain Road shops, St Kilda Road trams, and new ANZAC Station (currently under construction). All information including the internal and external property area (floor size, address, and general property description) on the Website has been provided to Lucas Real Estate by third parties. Information contained on the Website should not be relied upon and home buyers are encouraged to undertake due diligence before a property purchase. Please contact Cary Thornton on 0437 204 556 or Baden Lucas on 0418 888 751 to discuss this property further.

Features

1 bedroom

1 bathroom

1 carspace

52 m² floor area

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 505/75 Palmerston Crescent is $436k.

Median value

$436k

Estimated value range

$290k - $630k

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 505/75 Palmerston Crescent

2025

Sold

$394,000

Private Sale/Treaty on 18 Jun 2025 by Cary Thornton, of Lucas Real Estate

2024

Sold

$388,500

26 Jun 2024 by Brooke Busuttil, of Lucas Real Estate

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 505/75 Palmerston Crescent, have been sold.

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

Sold

For Sale

For Rent

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