118/85 Market StreetSouth Melbourne VIC 3205
Property Details for 118/85 Market St, South Melbourne
118/85 Market St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1900. The property has a land size of 3417m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (October 2024)
Perfectly positioned between the South Melbourne Market and Albert Park Lake, this meticulously designed apartment, once the Australian Post Centre, blends modern luxury with a prime inner-city lifestyle. Crafted by the acclaimed Point Architects, it offers a sophisticated living experience with high-end finishes and thoughtful design, all just a stone's throw from two supermarkets, boutique shopping, and award-winning restaurants.
The apartment features two spacious, carpeted bedrooms with mirrored built-in robes that provide ample storage. The open-plan living and dining area extends seamlessly to a large private terrace, ideal for entertaining or unwinding. The stylish kitchen boasts stone benchtops, premium Smeg appliances, a dishwasher, and an island bench, creating the perfect space for cooking and hosting.
A sleek and well-appointed central bathroom includes a shower and toilet, while a European laundry offers everyday convenience. The home is finished with timber flooring throughout, double-glazed windows, and split-system heating and cooling that ensure comfort in every season.
On Level 7, enjoy access to the exclusive common area with a BBQ space, fire pit, and spectacular views of the city. Additionally, public transport, including the tram on Clarendon Street, is literally at the end of the street and just a two-minute walk away, providing easy convenience. Secure undercover parking for one car and a storage cage complete this exceptional offering.
Property History for 118/85 Market St, South Melbourne, VIC 3205
- 15 Nov 2024Sold for $570,000
- 02 Oct 2024Listed for Sale Private Sale: $609,000
- 11 Jan 2023Listed for Rent $580 / week
Recent sales nearby
See more recent sales nearby/assets/perm/jn4l652veqi6xdzo4pcejldvdi?signature=331b1932942e3c6955f6895107fcf7bdbe5d6a6d39a6c324966ba2343841b1e3){kind=logo}
0
/assets/perm/6nxsmtrqbei63gi6empfaeduke?signature=daafa76fe34d9585bbbdddd83982b619536a79a6e83ca71012739b97f6f97094){kind=logo}
0/assets/perm/v3izutx46ii6zo3ydhblgu3jii?signature=8c1fbbe90ac9bdf7c20c11a19aee2647bc3a698effe2009ae0aabb639d79e936){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 12,937 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.
Suburb Insights for South Melbourne 3205
Market Insights
South Melbourne Trends for Houses
N/A
N/A
View TrendN/A
N/A
South Melbourne Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
