603/97 Palmerston Crescent

Off Market

603/97 Palmerston Crescent

South Melbourne VIC 3205

Apartment

Last sold for $525,000

John Chartres, last sold this property on 11 August 2025 after 53 days on market.

Overview

Modern Living with Breathtaking City Views

Showcasing a stunning northern aspect and spacious balcony with city views from the iconic 'Orbis' building by award-winning ARM Architects, this sixth-floor apartment in a desirable pocket of South Melbourne is a standout opportunity for first home buyers or savvy investors (approx. 6% return). The open plan living area extends to the balcony through floor to ceiling windows from the sleek, stone-finished kitchen, equipped with integrated dishwasher. The main bedroom featuring built-in robes is complemented by a stylish mosaic-tiled bathroom, while the versatile second bedroom can also be used as a home office. Stay comfortable with split-system heating and cooling, and secure basement with your choice of one or two parking spaces available, each complete with an attached storage cage. Enjoy this ideal first-home or secure investment with proximity to Albert Park Lake, Clarendon Street's vibrant shopping and café precinct, South Melbourne Market, and effortless access to city-bound trams.

Features

2 bedrooms

1 bathroom

2 carspaces

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 603/97 Palmerston Crescent is $615k.

Median value

$615k

Estimated value range

$425k - $1.31m

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 603/97 Palmerston Crescent

2025

Sold

$525,000

Private Sale/Treaty on 11 Aug 2025 by John Chartres, of Thomson Malvern

2024

Rented

Undisclosed

Leased on 01 Jul 2024 by LongView 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 2 bedroom apartments in South Melbourne

In the last 12 months, 106 two-bedroom apartments similar to 603/97 Palmerston Crescent, have been sold.

This represents a 7% 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

at Buxton Port Phillip - Port Melbourne

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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 17 local sales and collected 13 local reviews across the last 12 months.