128 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

128 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 118m2
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Property Details for 128 Park St, South Melbourne

128 Park St, South Melbourne is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1870. The property has a land size of 118m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1870
Floor Size
75m2
Land Size
118m2
Local Government
Port Phillip
Lot/Plan
1/TP532267

Last Listing description (November 2020)

Auction by Registration Only.

This charming period home is located in a brilliant and central South Melbourne setting. Perfectly positioned, the home affords a desirable lifestyle opportunity with the CBD, Albert Park Lake/MSAC, Royal Botanic Gardens, the new underground Metro tunnel station, Clarendon Street shopping and South Melbourne Market all within close proximity. Comprising two generous sized bedrooms (both with BIRs) a spacious and light filled living and dining area and a well-equipped kitchen which leads to a sunny and private northern oriented courtyard with rear laneway access. Completing the home is a sparkling renovated central bathroom and euro laundry. This exquisite home is ready to move in for immediate enjoyment.


Please note: This property has a nil heritage grading which affords the opportunity for future redevelopment opportunity STCA if desired.

Property History for 128 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$990,000
14 Nov 2020
Listed for Rent
18 Oct 2019
  • 14 Nov 2020
    Sold for $990,000
  • 29 Jul 2020
    Listed for Sale $980,000 - $1,050,000
  • 01 Oct 2019
    Listed for Rent - Price not available
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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 12,857 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 34 properties listed for sale, and 33 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.