4. Property Detail

1309/2 Albert Road, South Melbourne VIC 3205

unit

2

Bedrooms

1

Bathrooms

2

Car Spaces

$615,000
1309/2 Albert Road, South Melbourne VIC Sold on 5 Jul 2023

Distance To CBD: 2.27 km

List: $600,000 - $650,000

Land Size: 4000 m2

Measure Land Size

Agency: Upside Realty VIC - MELBOURNE

Floorplan Nearby Sold Price

Map And Street View
Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Stamp Duty Calculator

Total

$ 33,440

Mortgage registration fee $108

Transfer fee $1,362

Stamp duty on property $31,970
*based on property value $615,000 for investment

Loan Repayment Calculator

Monthly Repayment

$ 2,641

Total interest payable $458,818

Loan Term 30 years

Annual Interest Rate 5.00%
*based on loan amount $492,000 for principal and interest
Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.
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Comparable Sold Properties

Address Sold Price
1004/338 Kings Way 2 $510,000
1405/2 Albert Road 2 $1,498,000
6/182 Albert Road 2 $590,000
21/21 Park Street 2 $495,000
21/21-27 Park Street 2 $495,000
7/164 Albert Road 2 $502,000
36 Bank Street 2 $730,000

Comparable Rent Properties

Address Rent Price
602/28 Bank Street 2 $630 p/w
1003/28 Bank Street 2 $695 p/w
1213/35 Albert Road 2 $675 p/w
10/10 Mountain Street 2 $525 p/w
4/7 Palmer Street 2 $725 p/w
602/28 Bank Street 2 $660 p/w
510/39 Park St 2 $520 p/w
18a Napier Street 2 $525 p/w
Auction History - South Melbourne, VIC 3205
2024 April
Address Price Result*
112 Moray St N/A VB 2
85 Bank St $860,000 S 2
108 Nelson Rd N/A VB 3
56 Mountain St N/A PI 3
427 Dorcas St $1,423,000 S 2
426 Dorcas St N/A S 4
86 Pickles St $1,450,000 VB 2
6/184 Albert Rd N/A S 2
2024 March
Address Price Result*
25/10 Boundary St N/A W 3
250 Moray St N/A W 3
140 Napier St N/A PI 3
31 Tribe St N/A SP 3
161 Bank St $1,690,000 PI 3
114 Park St $1,005,000 S 2
48 Glover St $1,350,000 VB 2
38 Bridport St $3,555,000 S 3

Top Sales - Unit- Last 12 months updated 27 Apr 2024

Address Sold Price
1401/22 Kings Place South Melbourne 3205 $3,400,000 3 2
2502/253-273 Normanby Road South Melbourne 3205 $2,990,000 3 3
2603/253-273 Normanby Road South Melbourne 3205 $2,455,000 3 3
1601/2-14 Albert Road South Melbourne 3205 $2,175,000 3 2
601/74 Eastern Road South Melbourne 3205 $1,655,000 3 2
6/132 Bank Street South Melbourne 3205 $1,618,000 2 2
4/132-134 Bank Street South Melbourne 3205 $1,610,000 2 2
1905/41-49 Bank Street South Melbourne 3205 $1,560,000 3 2
1709/41 Bank Street South Melbourne 3205 $1,555,000 3 2
8/287 Bank Street South Melbourne 3205 $1,555,000 3 2

South Melbourne, VIC 3205
(1.88 km to CBD)

Median House Price

$1,665,000

Median Unit Price

$620,000

Surrounding Suburbs

Nearby Train Stations

1.73 km Flinders Street Station
2.18 km Parliament Station
2.12 km Jolimont Station

Nearby Schools

0.35 km MacRobertson Girls High School
0.5 km Melbourne Grammar School
0.77 km Victorian College Of The Arts Secondary School
1.27 km Melbourne Girls' Grammar School - an Anglican School
1.5 km Albert Park Primary School
1.5 km Albert Park College
1.46 km Christ Church Grammar School
1.53 km South Yarra Primary School
1.86 km Stott's College
1.57 km Galilee Regional Catholic Primary School