121 Napier Street, South Melbourne, VIC 3205 sold on 19 December 2024 | OnTheHouse
 
SOLD
Sold on 19 Dec 2024 for $1,000,000

121 Napier Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 120m2
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Property Details for 121 Napier St, South Melbourne

121 Napier St, South Melbourne is a 2 bedroom, 1 bathroom House. The property has a land size of 120m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom House sold in South Melbourne in the last 12 months.

Building Type
House
Land Size
120m2

Last Listing description (December 2024)

Capturing an enviable lakeside location this affordable brick 2-bedroom period home offers both immediate and long-term appeal. Providing an owner occupier or investor the opportunity to enjoy this prized position, moments from Albert Park Lake, MSAC, South Melbourne Market and the Clarendon Street shopping precinct.

With the convenience of multiple tram options to the CBD and beyond, close to the new Anzac station, while the number 1 tram offers direct access to the Melbourne Arts precinct or to South Melbourne beach via Albert Park village.


The current floorplan consists of entrance hall, large main bedroom with built in robes and a lovely leadlight bay window, second single bedroom or study, central living room with gas heating and adjacent galley style kitchen, bathroom with laundry facilities opening to the large rear garden courtyard.

Future potential is exciting with the convenience of rear right of way access and an allotment size of approximately 120 sq.m.

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Property History for 121 Napier St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,000,000
19 Dec 2024
Listed for Rent
$475/w
30 Jun 2023
  • 19 Dec 2024
    Sold for $1,000,000
  • 30 Sep 2024
    Listed for Sale $1,050,000
  • 13 Jun 2023
    Listed for Rent $475 / week
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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 12,873 properties. Over the last 5 years, Houses in South Melbourne have seen a 12.88% increase in median value, while Units have seen a 8.87% increase. As at 31 October 2025:

  • The median value for Houses in South Melbourne is $1,742,323 while the median value for Units is $631,244.
  • Houses have a median rent of $705 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 39 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 499 properties were sold in the past 12 months in South melbourne.

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