Back 8/81 Palmerston Crescent
Off Market

8/81 Palmerston Crescent

South Melbourne VIC 3205

2
1
Apartment
Last sold for $540,000
Arthur ApostolerosArthur Apostoleros, last sold this property on 25 March 2026 after 63 days on market.

Overview

Boutique Living with Stunning City Views

Set within The Crescent, an elegant boutique development renowned for its refined finishes, this secure split-level apartment delivers contemporary inner-city living with style and substance. The entry level opens to a light-filled living and dining zone anchored by a sleek kitchen equipped with a full suite of Asko appliances, flowing seamlessly to a balcony that captures impressive city skyline views. Downstairs, two bedrooms each feature built-in robes and are serviced by a centrally located bathroom with integrated laundry. Beautiful oak flooring enhances the sense of warmth throughout, while comforts include heating and cooling, video intercom security and a dedicated storage cage. Ideally located moments from Albert Park Lake, Clarendon Street's cafés and shops, and the iconic South Melbourne Market, with trams nearby for easy city access. A sophisticated South Melbourne address offering quality, privacy and effortless urban living.

Features

2 bedrooms
1 bathroom
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 8/81 Palmerston Crescent is $615k.

Median value
$615k
Estimated value range
$425k - $1.31m
Median days on market
34
Estimated value trend
2%
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 8/81 Palmerston Crescent

2026
Sold
$540,000
Auction Sale on 25 Mar 2026 by Arthur Apostoleros, of Buxton Cayzer Albert Park

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, 107 two-bedroom apartments similar to 8/81 Palmerston Crescent, have been sold.

This represents a 6% increase in two-bedroom apartments sales when compared to the previous 12 months.

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