68 Palmerston Crescent

Off Market

68 Palmerston Crescent

South Melbourne VIC 3205

House

Nicholas Hoo, last sold this property on 31 May 2025 after 24 days on market.

Overview

Two Homes, One Title, Prime Location

Price advertised is for both properties combined. Rare and enticing, this one-of-a-kind property hosts two independent Victorian homes on a single title, each with its own street frontage and north-facing courtyard in one of South Melbourne's most tightly held lake-side pockets. Encompassing approximately 275sqm (10m x 27.5m) moments from Albert Park Lake, it's a position that offers quiet residential appeal with unrivalled access to the Royal Botanic Gardens, the Domain, Clarendon Street, MSAC, the Beach and the Arts Precinct. Both homes are updated and offer brilliant light-filled layouts, with original Baltic pine floors, arched hallways, two bedrooms and sun-drenched open-plan living and dining areas with modern kitchens. Each outdoor space captures uninterrupted sky views and all-day natural light, with an undeniable sense of openness and serenity that is a rare find so close to the CBD. With the option to lease both for strong returns (estimated total annual income $78,216.00), reside in one while renovating/extending the other, or combine and create an extraordinary double-fronted residence with scope to extend out and up (STCA), the potential here is endless. Zoned for South Melbourne Park Primary and close to some of Melbourne's most prestigious schools, including Mac. Robertson Girls' High, Melbourne Grammar and Melbourne Girls Grammar, it is a blue-chip location that continues to grow in prestige and demand. South Melbourne Market, The Kettle Black and St Kilda Road trams are all within easy walking distance, making this a compelling opportunity to secure substantial inner-city land with lifestyle appeal, long-term vision and valuable dual-frontage versatility.

Features

4 bedrooms

2 bathrooms

House

Estimated Value

Based on this property and similar 4 bedroom houses sold in South Melbourne over the last 12 months, the estimated median property value of 68 Palmerston Crescent is $2.72m.

Median value

$2.72m

Estimated value range

$1.71m - $6m

Median days on market

Estimated value trend

-6%

decrease 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 68 Palmerston Crescent

2025

Rented

Undisclosed

Leased on 28 Jul 2025 by Buxton Port Phillip - St Kilda

2025

Sold

Undisclosed

Auction Sale on 31 May 2025 by Nicholas Hoo, of Marshall White - Port Phillip

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 4 bedroom houses in South Melbourne

In the last 12 months, 18 four-bedroom houses similar to 68 Palmerston Crescent, have been sold.

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

4.9

(365 reviews)

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Moses Habib

at Belle Property St Kilda

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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.