1402/138 Ferrars Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1402/138 Ferrars Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 1970m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 9 Feb 2026
Low

High
Save

Property Details for 1402/138 Ferrars St, South Melbourne

1402/138 Ferrars St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 1970m2.

Building Type
Unit
Land Size
1970m2
Local Government
Port Phillip
Lot/Plan
1402/PS847286

Last Listing description (May 2024)

A development purpose-built for long-term tenants with amazing services, such as parcel delivery lockers, pet care (yes - It's pet friendly), laundry services, cleaning and more all available to residents. Plus, you benefit from an on-site concierge who coordinates community functions and maintenance and whose role is to make your life easier! Lease for 3 years or less by mutual agreement. The development further benefits from a gym, meeting room, resident lounge and function room.

This apartment features an optimal design with zones for cooking and dining. The kitchen features stone benchtops, glass splashback, and stainless steel appliances including a gas cooktop and full-size dishwasher. The bedroom is a great size with loads of storage and opens directly to your large, sheltered, and private balcony. There is a stunning fully tiled central bathroom and euro laundry. Each apartment has a designated pushbike storage space.
Optional storage cage designs to suit your needs and budget (some are large enough to fit a canoe!) (additional cost).

*Video tour for layout purposes only*

Situated opposite South Melbourne Primary School, with the light rail just around the corner and the South Melbourne Market and shopping precinct just a stroll away this is uber-convenient living.

Arranging an inspection is easy!
To book a time to inspect, simply click on Book an Inspection Time or Email Agent to book instantly using our online system.
By registering, you will be INSTANTLY informed of any updates, changes or cancellations for your appointment.

Property History for 1402/138 Ferrars St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Listed for Rent
$1.20k/w
09 May 2024
  • 29 Apr 2024
    Listed for Rent $1,200 / week
Commute Calculator

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 10.10% increase in median value, while Units have seen a 5.96% increase. As at 31 January 2026:

  • The median value for Houses in South Melbourne is $1,777,710 while the median value for Units is $634,357.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 39 properties listed for sale, and 26 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 487 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.