1706/89 Gladstone Street, South Melbourne VIC 3205

2 beds 2 baths 1 cars
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Spachus Insights

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Price position Below suburb median

12.9% below the current suburb median listing price.

Buyer negotiation signal Buyer negotiation

The suburb median sold price is $28,000 below the median listing price.

Selling pace Slower than typical

25 days typical · Property listed 181 days (624% longer).

Property details

Stylish South Melbourne Retreat with Commanding City Views

Overflowing with northern sun this elegant 2 bedroom 2 bathroom apartment rises above the pack graced with million dollar views. Head downstairs and this is a lifestyle location in position perfect! Footsteps from iconic South Melbourne Market simply stroll to Coles DFO South Wharf light rail to the city or a bay beach South Melbourne Primary School Clarendon Street shopping Southbank attractions and a sought-after selection of cafes bars pubs and restaurants.
2Bedrooms 2Bathrooms 1Car spaces ApartmentProperty type

South Melbourne market

Full suburb report
Median listing$620,000
Median sold$592,000
Typical selling time25 days
Tracked sold properties96
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Spachus Property Estimate $600,000 Automated estimate based on available property and market data. Not a formal valuation.
Asking vs estimate -$60,000 10.0% below the Spachus estimate

Property Overview

1706/89 Gladstone Street, South Melbourne VIC 3205 is an apartment. It has 2 bedrooms, 2 bathrooms and 1 car space. It is currently listed at $540,000. It has been on the market for 181 days. In South Melbourne, the median listing price is $620,000 and the median sold price is $592,000. Its current asking price is $80,000 (12.9%) below the South Melbourne median listing price. Properties in South Melbourne typically sell in around 25 days based on Spachus tracked sales data. It has currently been on the market 156 days longer than the South Melbourne typical selling time.

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