1505/39 Park StreetSouth Melbourne VIC 3205
Property Details for 1505/39 Park St, South Melbourne
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 August 2026. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.
Last Listing description (August 2026)
Positioned within the prestigious Park Avenue development, this beautifully appointed residence delivers an exceptional blend of style, comfort, and convenience in one of South Melbourne's most desirable locations. Designed to maximise natural light and effortless living, the spacious open-plan living and dining area extends to a private balcony, capturing sweeping views across the city skyline and Port Phillip Bay. The beautifully appointed kitchen features quality appliances, generous storage, and ample bench space.Thoughtfully designed for both comfort and functionality, the accommodation includes a spacious main bedroom complete with built-in robes and a stylish ensuite, while the second bedroom also features built-in robes and is serviced by a contemporary central bathroom. Secure basement parking with a bonnet storage cage, further enhances the home's everyday appeal.Residents enjoy exclusive access to Park Avenue's premium amenities, including concierge service, a fully equipped gym, spa, and sauna. Ideally located just moments from South Melbourne Market, Albert Park Lake, the Royal Botanic Gardens, St Kilda Road trams, and Melbourne's CBD, this impressive residence offers the very best of inner-city living.
Property History for 1505/39 Park St, South Melbourne, VIC 3205
- 14 Aug 2026Sold for $645,000
- 06 Aug 2026Listed for Sale Private Sale: $600,000 - $660,000
- 03 Jan 2023Listed for Rent $650 / week
Recent sales nearby
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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.
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