1306/39 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1306/39 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 1258m2
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Property Details for 1306/39 Park St, South Melbourne

1306/39 Park St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 1258m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
Unit
Land Size
1258m2
Local Government
Port Phillip
Lot/Plan
1306/PS818660

Last Listing description (September 2025)

Framing spectacular scenes of the bay to the skyline of the CBD, this remarkable luxury residence within the esteemed Park Avenue building instantly announces itself as one of the finest offerings of inner-city Melbourne. Experience a 5-star lifestyle with incredible amenities and an enviable position surrounded by the beauty of Royal Botanic Gardens, South Melbourne's culinary delights, the Arts Precinct and Albert Park Lake.

Defined by floor-to-ceiling windows, high ceilings, and engineered oak floors, the free-flowing 2-bedroom plus study, 2-bathroom layout extends to easy-care spaces designed for executive living. The grandly proportioned open-plan kitchen/living domain spills effortlessly outdoors to an entertainers' balcony, where the show-stopping panorama provides the perfect backdrop to alfresco entertaining, whilst integrated Smeg appliances and stone benches are sure to delight the home cooks.

The main bedroom blends with the city view with a surreal sense of privacy, with built-in robes and a vogue ensuite, while the second bedroom, also with built-in robes, sits adjacent to the second designer bathroom and separate study.

Other features: Fully secure with video entry and a pair of secure basement parking ( please ensure you check the height, length and weight restrictions as your car will require to travel in car lift to car space 1306) , storage cage, this reverse cycle air-conditioned apartment also features video intercom entry, Euro laundry and 5-star resident amenities, including a fully equipped ground-floor gym, 25m lap pool, steam rooms, saunas and a 7-day concierge. Please note this property has embedded networks for electricity, gas, and internet.

Walking distance to cafes including The Kettle Black, The Arts Centre, National Gallery of Victoria, Fawkner Park, Albert Park Lake, trams to the CBD, and Anzac Station. Don't miss this rare opportunity to secure your dream inner-city lifestyle.

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Property History for 1306/39 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$853,900
12 Mar 2019
  • 01 Sep 2025
    Listed for Rent $880 / week
  • 30 Dec 2023
    Listed for Rent $850 / week
  • 20 Jun 2022
    Listed for Sale 2 Bed + Study
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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 12,939 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.88% decrease in median value, while Units have seen a -0.82% decrease. As at 31 July 2026:

  • The median value for Houses in South Melbourne is $1,699,133 while the median value for Units is $613,169.
  • Houses have a median rent of $850 while Units have a median rent of $675.
There are currently 30 properties listed for sale, and 51 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.