1114/52 Park Street, South Melbourne, VIC 3205 sold on 28 February 2025 | OnTheHouse
SOLD
Sold on 28 Feb 2025 - Price Unavailable

1114/52 Park Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 46m2
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Property Details for 1114/52 Park St, South Melbourne

1114/52 Park St, South Melbourne is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 1 bedroom Apartment sold in South Melbourne in the last 12 months.

Building Type
Apartment
Floor Size
46m2

Last Listing description (February 2025)

The Essence bldg. located in the heart of South Melbourne is this stunning one bedroom residence offering perfect blend of modern elegance and urban lifestyle, close to public transport, parkland, and supermarkets ideal for professionals, downsizers, or savvy investors.

Key Features:
Expansive Views: The living room opens up to a private balcony taking in views over South Melbourne towards Port Philip Bay & Albert park

Modern Interiors: Kitchen with stone benchtop, gas cooktop, intergraded dishwasher, mirrored splash-back, and plenty of storage with high-quality finishes. Euro style laundry, split system heating/cooling, and secure intercom entry.
Lounge: open-plan layout designed for comfort and functionality.
Bedroom: with mirrored built-in-robe
Bathroom: Fully tiled modern bathroom with ample storage.
Building facilities; located on 15th floor: residents gym, rooftop lounge and barbeque area – where you can enjoy city skyline views and Port Phillip beach.
Premium Location: Situated in the vibrant heart of South Melbourne, you're just moments away from the iconic South Melbourne Market, Clarendon Street shops, and an array of cafes and restaurants.
Transport Convenience: With excellent public transport options at your doorstep, including trams and buses, you'll have easy access to the CBD and beyond.
Leisure & Lifestyle: Take advantage of nearby parks, Albert Park Lake, and the Royal Botanic Gardens, Yarra promenade for your outdoor activities and leisure pursuits.
Investment Appeal: With a strong rental demand in the area and future growth potential, 1114/52 Park St. presents a solid investment opportunity. Whether you're looking for a place to call home or a reliable addition to your portfolio, this apartment ticks all the boxes.

Outgoings approximate:
OC fees - $3,000 per annum
Council rates - $754.75 per annum
Water rates - $691.76 per annum

Option for furniture to be included in the sale.

Property History for 1114/52 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
28 Feb 2025
Listed for Rent
10 Apr 2025
  • 28 Mar 2025
    Listed for Rent $500 / week
  • 28 Feb 2025
    Sold for $300,000
  • 04 Sep 2024
    Listed for Sale $290,000 - $300,000
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of 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 12,874 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:

  • The median value for Houses in South Melbourne is $1,744,641 while the median value for Units is $633,273.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 40 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 496 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Precy Peet
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Melcorp Property
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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.