1107/39 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
FOR SALE

1107/39 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 1258m2
This property is currently on the market
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Property Details for 1107/39 Park St, South Melbourne

1107/39 Park St, South Melbourne is a 2 bedroom, bathroom Unit. The property has a land size of 1258m2.This Property is currently listed for sale with Melcorp Property

Building Type
Unit
Land Size
1258m2
Local Government
Port Phillip
Lot/Plan
1107/PS818660

Last Listing description (July 2026)

Enjoy a refined city-fringe lifestyle in this beautifully presented two-bedroom residence within the highly regarded Park Avenue Tower.

Designed to maximise light and outlook, the apartment opens to a generous living and dining zone framed by full-height glazing. Timber floors add warmth, while the adjoining north-facing balcony creates an inviting extension of the living space with elevated views and excellent natural light throughout the day.

The kitchen is well suited to both everyday living and entertaining, featuring stone surfaces, a central island, stainless steel appliances and plenty of preparation and storage space.

Accommodation is thoughtfully arranged, with the main bedroom offering built-in robes and its own ensuite. The second bedroom also includes built-in storage, along with a built-in study area that provides a practical work-from-home option. A separate central bathroom, European laundry and rain shower complete the internal layout.

Comfort is assured year-round with reverse-cycle heating and cooling, while a secure car space adds further convenience.

The location places you within easy walking distance of Clarendon Street, South Melbourne Market and a wide range of cafs, restaurants and local retailers. Melbourne's arts precinct, the Royal Botanic Gardens and Albert Park Lake are also close by, providing an excellent balance of culture, recreation and everyday amenity.

Public transport connections are easily accessible, with nearby trams and Anzac Station offering direct access to the CBD and surrounding suburbs. Major road links are also within convenient reach.

Well suited to professionals, downsizers or investors, this is a quality apartment in a tightly held South Melbourne address.

Property History for 1107/39 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$695,000
14 Feb 2022
  • 16 Jul 2026
    Listed for Sale $650,000 - $700,000
  • 14 Feb 2022
    Sold for $695,000
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. There are 15 parks, covering nearly 3.3% of the total area. The population of South Melbourne in 2016 was 10920 people. By 2021 the population was 11548 showing a population growth of 5.8% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation.In 2021, 42.40% of the homes in South Melbourne were owner-occupied compared with 40.20% in 2016.

South Melbourne has 12,921 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:

  • The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 33 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 461 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.