126 Pickles Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

126 Pickles Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
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Last updated 5 Jan 2026
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Property Details for 126 Pickles St, South Melbourne

126 Pickles St, South Melbourne is a 3 bedroom, 1 bathroom House with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Local Government
Port Phillip
Lot/Plan
1/TP590537

Last Listing description (July 2023)

Rare Opportunity in a Prized Location

Soak up the potential and relish the inner-city convenience of this freestanding three-bedroom Victorian treasure, delivering a sensational opportunity to extensively renovate or start again with a luxurious dream home (STCA) in a highly desirable location.

Set on a wide 242sqm (approx) allotment, the spacious and largely original floor plan features three generous bedrooms, a classic bathroom and a separate toilet within the external laundry/storage room for added convenience. The 1970s kitchen is fully functional with a freestanding gas stove, while the large living and dining room boasts old-world charm with its original gas heater. High ceilings throughout create a feeling of openness whilst off-street parking for up to three vehicles (two behind a secure roller door) and handy remote blinds outside provide added privacy and security when needed.

Ideally situated in the heart of the action just a short walk from Albert Park Village and Bay Street, this inviting property puts everything within easy reach - including first-class restaurants, cafes, acres of parkland, excellent schools - including Albert Park College, trams, the beach and South Melbourne Market.

Property History for 126 Pickles St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,315,000
08 Jul 2023
  • 08 Jul 2023
    Sold - Price Undisclosed
  • 15 Jun 2023
    Listed for Sale $1,200,000 - $1,300,000
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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 12,877 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.14% increase in median value, while Units have seen a 6.21% increase. As at 31 December 2025:

  • The median value for Houses in South Melbourne is $1,743,660 while the median value for Units is $637,243.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 35 properties listed for sale, and 32 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 481 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.