120-132 Ferrars Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

120-132 Ferrars Street
South Melbourne VIC 3205

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1225m2
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Property Details for 120-132 Ferrars St, South Melbourne

Building Type
Land
Land Size
1225m2
Local Government
Port Phillip
Lot/Plan
24~56A/PP3084D

Last Listing description (November 2023)

Tiga Commercial is thrilled to exclusively present the exceptional development site at 120-132 Ferrars Street, South Melbourne, endowed with the following key property highlights:

- Prime Landholding: Park facing corner parcel with development potential in line with neighbouring completed development (STCA)


- View-Centric Apartments: Seize the opportunity to develop iconic residence that captures the essence of Melbourne's dynamic skyline and the tranquil bay

- Triple Frontage: Significant 123m* triple frontage includes Ferrars & Buckhurst Streets, as well as Buckhurst Lane, boasting excellent future view lines, future carparking accessibility & construction efficiencies

- Seamless Connectivity: Just 150m* from the tram line and walking distance to Melbourne's highly sought amenities & lifestyle landmarks

- Abundant Amenities: Direct access to Crown Casino & Entertainment Precinct, South Melbourne Market, Melbourne Exhibition Centre, DFO South Wharf, South Melbourne Primary School & more

- Futureproof Activity & Demand: Nestled amidst a surge of Build-To-Rent projects in a housing-short market, this site offers developers an exceptional chance to introduce sought-after purchasable apartments, with the growing development landscape assuring an affluent future for the precinct

- Rare & Unique: A chance to create a landmark that defines luxury living in South Melbourne. With the park as your neighbour, the city as your backdrop, and the bay calling from afar, this site is poised to house a development where every window frames a picture-perfect scene


Expressions of Interest for this unparalleled development site close on Wednesday, 13th December 2023, at 2:00 PM. This is a rare chance to shape South Melbourne's skyline with a project that promises both prestige and end-product saleability.

For more information, please contact the Tiga Commercial selling agents:
David Sia +61 430 111 223
Griffin Barrett +61 434 620 360
Martin Leong +61 425 699 708

*Approximate

Property History for 120-132 Ferrars St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$795,000
23 May 2002
  • 10 Nov 2023
    Listed for Sale Contact Agent
  • 23 May 2002
    Sold for $795,000
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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 12,920 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 33 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 465 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.