1306/32 Palmerston Crescent, South Melbourne, VIC 3205
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Award-Winning Design: $1,680,000
1306/32 Palmerston Crescent, South Melbourne, VIC 3205
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apartment - unit: standard
Property Description
Listed on 8 Apr 2026
Discover an exceptional opportunity to secure a beautifully appointed, light-filled residence in one of South Melbourne’s most sophisticated lifestyle addresses — Oasis Residences. Offering the ideal blend of luxury, convenience, and long-term investment appeal, this high-floor home presents effortless inner-city living at its finest. Property Highlights 3 bedrooms | 2 bathrooms | 2 secure undercover parking spaces Why it works — Lifestyle & Location Perfectly positioned on the doorstep of the CBD, this residence sits within the highly acclaimed Oasis development at 1 Cobden Street. Enjoy unbeatable proximity to the iconic South Melbourne Market, Royal Botanic Gardens, Albert Park Lake, the Arts Precinct, and an endless selection of cafés, dining, and boutique retail. With multiple tram lines, easy freeway access, and the vibrant St Kilda Road corridor moments away, this address brings together convenience, culture, and calm. Ideal for professionals, families, downsizers, or investors Offering strong rental demand and long-term value growth, this premium home sits within one of South Melbourne’s most desirable lifestyle developments, known for its outstanding facilities and consistent owner-occupier appeal. What’s to Love Elevated views and abundant natural light from a high-floor position Spacious open-plan living and dining framed by floor-to-ceiling glass Exclusive resident facilities including rooftop infinity pool, private dining lounge, gym, library, and wellness spaces Secure, modern building designed by award-winning architects Hayball Additional features include: Two secure car spaces on title Stylish kitchen with stone benchtops and high-quality appliances Reverse-cycle heating and cooling, plus secure intercom entry Steps to South Melbourne Market, Albert Park, the CBD, and top transport links Whether you're searching for a generous city-fringe home or a blue-chip investment with proven rental prospects, this South Melbourne address delivers low-maintenance luxury in one of the area’s most sought-after lifestyle communities. Enquire now to experience modern living where convenience meets sophistication.
Property history
A breakdown of how regularly this property entered and exited the market for sale or lease.
Award-Winning Design: $1,680,000
$1,650,000
Median unit price trends
Comparing the price trend of units in South Melbourne against the state of Victoria over the last 4 years. Source: CoreLogic
Comparable properties
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Market activity
A snapshot of how quickly properties are selling in the area and how many are currently available.
38 Days
House median days on market
35 Days
Unit median days on market
343 Properties
Sold in last 12 months
94 Properties
Available in the last month
South Melbourne residents
Key characteristics of the residents in the area, view the full breakdown of the suburb here.
31-40
Is the most common age range
Renters
Most common occupant type
Singles
Most common household profile
Professionals
Most common occupation
Apartments
Most common property type
Nearby education
Schooling and educational options in the area, for all ages.
Galilee Regional Catholic Primary School
K - Yr 6
Catholic
Get a wider view
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South Melbourne
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Port Phillip
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Victoria
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Explore surrounding suburbs
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Median House: $2,502,883
Median Unit: $852,942
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Median Unit: $424,386
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Median Unit: $652,969
Median House: $1,723,389
Median Unit: $849,820
Median House: N/A
Median Unit: $1,092,083
Median House: $2,599,099
Median Unit: $536,327
Frequently asked questions
The property at 1306/32 Palmerston Crescent includes 3 bedrooms, 2 bathrooms and parking for 2 cars.
Size information for the property at 1306/32 Palmerston Crescent in South Melbourne is not currently available in our records. Buyers and renters can review the floor plan and photos for a better sense of internal and external space.
1306/32 Palmerston Crescent in South Melbourne, Victoria includes a range of local schools, shops, public transport options and community facilities that support day to day living.
As of 11/1/2025, the property at 1306/32 Palmerston Crescent is not available in our data at this time.
