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108/75 Palmerston Crescent, South Melbourne$320,500
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108/75 Palmerston Crescent

South Melbourne, VIC 3205, Australia
$320,500
1 bed 1 bath

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About this property

It's Addressed: Enjoy contemporary comfort and lifestyle convenience in one of Melbourne's most desirable pockets near Albert Park. Positioned within the boutique, mid-rise Lakehouse buidlding, this beautifully appointed 1-bedroom apartment is perfectly located just moments from the vibrant South Melbourne Market, the charming cafes and shops of Albert Park Village, and the stunning Royal Botanic Gardens Victoria. This residence offers the ideal blend of tranquillity and urban convenience. Step inside to discover an open plan living and dining area enhanced by: - Timber flooring throughout the living zone - Feature and track lighting for a warm, designer ambience - Convenient built-in feature shelving in both the living room and bedroom - Full-height glass sliding doors opening to a covered balcony with lighting - Striking feature balcony balustrade The sleek white kitchen is both stylish and functional, showcasing: - Gas cooktop - Stainless steel Bosch appliances - Integrated dishwasher - Mirror splashback - Sleek black tapware The generous bedroom features plush carpet, a mirrored built-in robe and additional built-in shelving for smart storage solutions. The contemporary bathroom is finished with floor-to-ceiling tiling and includes: - Concealed European-style laundry with washing machine and tumble dryer (included in the sale) - Modern black tapware Additional highlights: - Split system heating and cooling - Secure intercom entry - Lift access Offering a premium lifestyle address moments from the lake, beach, market culture, and lush gardens, this apartment is ideal for first-home buyers, professionals or savvy investors seeking a high-demand location. For more Real Estate in South Melbourne contact your Area Specialist. Disclaimer: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers/renters are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Listed
3 months ago

Repayment calculator

$1,554/month
$777 /fortnight
Loan $256,400 at 6.10% over 30 years

Upfront costs

Deposit$64,100
Stamp duty$14,300
Conveyancing (est.)$2,000
Total upfront$80,400
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 53% 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 119: Wells Street (tram)265 m away
  • Local Express South Melbourne96 m away
  • Eastern South Reserve316 m away
  • Unnamed321 m away
  • Bowen Crescent Reserve350 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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