1302/52 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1302/52 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 1027m2
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Property Details for 1302/52 Park St, South Melbourne

1302/52 Park St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 1027m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
Unit
Year Built
2014
Floor Size
52m2
Land Size
1027m2
Local Government
Port Phillip
Lot/Plan
1302/PS647024

Last Listing description (October 2024)

Making a bold statement in city fringe sophistication, this 2 bedroom apartment enjoys a privileged 13th floor position in the highly regarded 'Essence' building. Nestled between Albert Park Lake and the Botanical Gardens in one of inner Melbourne's most desirable locales, the apartment enjoys access to an impressive array of resort-like amenities to elevate its lifestyle experience to the upper echelon.

Attractively presented with a sleek and streamlined floor plan, the apartment's kitchen / dining / living flows outdoors to a wonderful balcony with up close views of the city's towers. Meanwhile, the bedrooms are each appointed with built-in robes and the bathroom is timelessly stylish.

Importantly, residents at 'Essence' enjoy access to a gymnasium, cinema and a stunning rooftop terrace with a BBQ area for unforgettable entertaining, as well as a communal lounge that is warmed by a fireplace.

Property includes the convenience of 1 standard carspace & 1 storage cage.

Expected upgrades:
Anzac Station (2 minute walk)
https://bigbuild.vic.gov.au/projects/metro-tunnel/stations/anzac/building-anzac-station#:~:text=As%20station%20construction%20advanced%2C%20the,time%20around%20the%20station%20entrance.

Woolworths (2 minute walk)
https://www.realestatesource.com.au/st-kilda-road-set-for-woolies/

Streetscape Upgrade
https://www.portphillip.vic.gov.au/about-the-council/projects-and-works/park-street-streetscape-improvement-project

Property History for 1302/52 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$440,000
25 Apr 2024
  • 25 Apr 2024
    Sold for $440,000
  • 19 Jun 2023
    Listed for Sale $440,000
  • 22 Aug 2011
    Sold for $500,000
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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 12,850 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 29 properties listed for sale, and 33 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 474 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.