123/85 Market StreetSouth Melbourne VIC 3205
Property Details for 123/85 Market St, South Melbourne
123/85 Market St, South Melbourne is a 1 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 44m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Last Listing description (December 2025)
Fully Furnished Large One Bedroom Floorplan with Large Island Bench-top
Split System Air Conditioning
Internal Laundry
Intercom Access
75m to South Melbourne Shopping Centre
400m to South Melbourne Market
500m to Clarendon Shopping Centre
750m to Crown Casino
Nestled in one of the most coveted complexes in the suburb, this contemporary, spacious apartment offers a lifestyle of luxury and convenience. Surrounded by an abundance of local amenities, including shops, cafs, and restaurants including the famous South Melbourne market just around the corner making this property the perfect gateway to the ultimate inner city Melbourne lifestyle.
Designed with sophistication and comfort in mind, the home features a sleek, modern aesthetic throughout. The expansive open-plan living and dining area flows effortlessly onto a large outdoor terrace, offering stunning views over South Melbourne and creating the perfect blend of indoor and outdoor living. The kitchen is a chef's delight, boasting a large stone island with a built-in sink, ample pantry space, and top-of-the-line "Smeg" stainless steel appliances, including a gas cooktop, oven, and full-sized dishwasher. A large Euro laundry.
The generously sized bedroom with study knock features a built-in wardrobe and split-system air conditioning, ensuring year-round comfort. The contemporary bathroom is fully tiled and showcases a spacious walk-in shower and ample vanity storage along with a euro laundry.
Property History for 123/85 Market St, South Melbourne, VIC 3205
- 11 Dec 2025Listed for Rent $620 / week
- 14 Sep 2024Sold for $400,000
- 24 Jul 2024Listed for Sale Private Sale: $395,000 - $425,000
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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 12,921 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.
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