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1702/38 Albert Road, South Melbourne$445,000
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For Saleapartment

1702/38 Albert Road

South Melbourne, VIC 3205, Australia
$430,000 – $460,000
1 bed 1 bath 1 car

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About this property

Designed by the renowned Rothe Lowman, this sophisticated apartment in the prestigious Albert Tower delivers an exceptional blend of luxury, style and lifestyle convenience. The light-filled open-plan living and dining area is complemented by stunning timber flooring and floor-to-ceiling windows that flood the space with natural light. At the heart of the home is a beautifully appointed kitchen featuring stone benchtops, premium Miele appliances and ample storage, making it as functional as it is elegant. Step out onto the private covered balcony and enjoy sweeping views across the Melbourne CBD skyline, with glimpses of Port Phillip Bay providing the perfect backdrop for relaxing or entertaining. The spacious bedroom includes built-in robes and is serviced by a sleek, contemporary bathroom. Additional features include split-system heating and cooling, secure basement car parking and quality finishes throughout. Residents of Albert Tower enjoy exclusive access to an impressive range of resort-style facilities, including a fully equipped gymnasium, beautifully landscaped communal gardens, a private residents' retreat, rooftop dining and entertaining area, and the convenience of an on-site building manager. Perfectly positioned in one of South Melbourne's most desirable locations, you'll be just moments from the Royal Botanic Gardens, Albert Park Lake, South Melbourne Market, vibrant cafés and restaurants, public transport, and the CBD. Combining luxury finishes, breathtaking views and an unbeatable location, this is an outstanding opportunity for owner-occupiers and investors alike. To arrange a time to inspect this property, click Book an Inspection Time or Email Agent to access our online booking system. By registering, you will be INSTANTLY informed of any updates, changes, or cancellations for your appointment. Whilst we endeavour to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the property owner and we therefore accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
4 days ago

Repayment calculator

$2,157/month
$1,079 /fortnight
Loan $356,000 at 6.10% over 30 years

Upfront costs

Deposit$89,000
Stamp duty$21,770
Conveyancing (est.)$2,000
Total upfront$112,770
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 34% below the $670,000 median of 59 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 25: Cecil Street (tram)1.1 km away
  • South Melbourne Market Grocer1.3 km away
  • Edythe McCallum Reserve944 m away
  • Town Hall Reserve1.0 km away
  • Foundry Site Park1.1 km 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 -2.2% / yr over 4 yrs

$435kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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