1505/39 Park St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2022. The property has a land size of 1258m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
Enviably positioned and offering the ultimate low-maintenance inner-city lifestyle, this brand new, 15th floor apartment in the desirable Park Ave development boasts a luxurious lifestyle thanks to its impressive dimensions, premium inclusions and spectacular views of the city, Albert Park Lake and Port Phillip Bay. Flanked by floor-to-ceiling windows for an abundance of natural light, the refined interior showcases two generous bedrooms with built in robes, the main with a deluxe ensuite and an equally stylish second bathroom. Adding to the allure is the open-plan living/dining area with balcony and a sleek entertainer's kitchen with stone-bench tops, Miele and Smeg appliances, integrated dishwasher and island bench. Other stand-out features include split-system heating/cooling, quality engineered timber flooring, discreet laundry facilities, a secure entrance foyer with lift, resident concierge service, basement parking, storage cage, plus access to the resident's lounge, gym, spa, sauna and wellness centre. Ideally located close to public transport, Melbourne's Royal Botanic Gardens, and walking distance to popular cafes, bars and restaurants, close to Clarendon Street shops and supermarkets, Albert Park Lake as well as easy freeway access.
**To Inspect**
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 12,851 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:
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