117/85 Market Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

117/85 Market Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 3417m2
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Property Details for 117/85 Market St, South Melbourne

117/85 Market St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 3417m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
2017
Floor Size
58m2
Land Size
3417m2
Local Government
Port Phillip
Lot/Plan
117/PS721500

Last Listing description (September 2022)

OBVIOUS
This fantastic two bedroom residence ticks all the boxes for those searching for a sleek inner city residence within the boutique highly sought after 'Teri' complex. Showcasing a large entertainer's terrace, ample natural light flows through-out the apartment. With inviting interiors and pleasing proportions, an open plan living/dining zone is complimented by a well equipped kitchen. The two spacious bedrooms are complemented by a polished main bathroom.

Communal 7th level terrace/BBQ area with great CBD views, beautiful engineered oak flooring, intercom, heating/cooling, storage cage and undercover basement secure parking.

SEALS THE DEAL
A short walk will bring you to the South Melbourne Market and Albert Park Lake, and the allure of this cosmopolitan location includes the cafes, strip shopping, restaurants and bars that Clarendon Street offers, as well as all modes of public transport and the natural joys of the Beach being a just a short distance away.

Inspection via private appointment only, please contact agent to arrange.

Property History for 117/85 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$575,000
08 Sep 2022
  • 08 Sep 2022
    Sold for $575,000
  • 03 Feb 2022
    Listed for Sale THE DEAL: Under Offer
  • 08 Oct 2014
    Sold for $540,000
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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 12,940 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.88% decrease in median value, while Units have seen a -0.82% decrease. As at 31 July 2026:

  • The median value for Houses in South Melbourne is $1,699,133 while the median value for Units is $613,169.
  • Houses have a median rent of $850 while Units have a median rent of $675.
There are currently 30 properties listed for sale, and 51 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 485 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.