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107/99 Palmerston Crescent, South Melbourne$367,500
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For Saleapartment

107/99 Palmerston Crescent

South Melbourne, VIC 3205, Australia
$350,000 – $385,000
1 bed 1 bath

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About this property

Inspections by private appointment. Keeping pace with the dynamic energy of its surroundings, this oversized one-bedroom apartment within the iconic 'Momentum' development by the award-winning group at ARM Architecture delivers vitality, style and accessibility that only this setting can. Within the Albert Park Lake sports precinct, steps from the lake, Clarendon Street's cafes and dining and multiple transport links, this is where city living, leisure and lifestyle meet on an extraordinary level. Securely accessed, the interior is a statement of stylish simplicity, owning treetop views from the north-facing terrace, inviting all-day sun and serenity for indoor-outdoor living. Open-plan living spaces benefit from the al-fresco connection, complemented by a streamlined kitchen featuring Miele appliances and an integrated fridge/freezer. Storage isn't an afterthought here, with full-length robes in the double bedroom, LED-lit overhead cupboards within the hotel-worthy bathroom and European laundry, plus the benefits of split system heating/cooling and an on-site building manager. All this and a truly unbeatable address make this the ultimate lock-and-leave base or investment opportunity in a high-demand city-edge locale, within walking distance to Anzac Station, The Tan running track, Royal Botanic Gardens, South Melbourne Market, MSAC and Albert Park Village.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Listed
3 months ago

Repayment calculator

$1,782/month
$891 /fortnight
Loan $294,000 at 6.10% over 30 years

Upfront costs

Deposit$73,500
Stamp duty$17,120
Conveyancing (est.)$2,000
Total upfront$92,620
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in South Melbourne

This 1-bedroom apartment in South Melbourne, VIC 3205 sits within reach of public transport, local shops and nearby schools. It is listed 46% below the $682,500 median of 60 comparable apartmentswithin 5 km.

Schools near South Melbourne

  • Galilee Regional Catholic Primary Schoolprimary · Prep-6 · CoEd
  • Hester Hornbrook Academy - South Melbournesecondary
  • Youth2Industry Collegesecondary · 11-12 · CoEd

What's nearby

  • Stop 23: Moray Street (tram)322 m away
  • WoodsYard55 m away
  • Ludwig Stamer Reserve227 m away
  • Eastern South Reserve237 m away
  • Eastern North Reserve327 m away

South Melbourne at a glance

Full suburb profile
Population
11,548
Median age
39
Household income
$2,101/wk
Median rent
$421/wk
Median mortgage
$2,200/mo

Source: ABS Census.

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Suburb market

Suburb price trend

South Melbourne price trend

Median sold · Unit 1 bed

Compound growth -1.7% / yr over 4 yrs

$420kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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