1505/39 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1505/39 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 64m2
Land area: 1258m2
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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 May 2019.

Building Type
Unit
Year Built
2022
Floor Size
64m2
Land Size
1258m2
Local Government
Port Phillip
Lot/Plan
1505/PS818660

Last Listing description (January 2023)

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**

Please refer to the listed inspection time/s. If no inspection time is available or you are not able to make the listed time/s please click "Get in Touch" to request an Inspection Time or Contact Agent and register your interest.

**Please Note**
Open for Inspection times and property availability is subject to change without notice. We highly recommend registering for an inspection you are going to attend to avoid disappointment for cancellations. If you are registered for an inspection, you will be notified by SMS if the inspection is cancelled.

**Caution**
Marshall White has exclusive leasing rights to this property. We do not advertise on Gumtree, Facebook Marketplace or any other social media platforms. Please beware of scammers and apply only via the official advertising link using the Snug platform.

Property History for 1505/39 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$684,000
01 May 2019
Listed for Rent
$650/w
13 Jan 2023
  • 03 Jan 2023
    Listed for Rent $650 / week
  • 01 May 2019
    Sold for $684,000
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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 12,851 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:

  • 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 30 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.