16/21-27 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

16/21-27 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 808m2
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Property Details for 16/21-27 Park St, South Melbourne

16/21-27 Park St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 808m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1998
Floor Size
73m2
Land Size
808m2
Local Government
Port Phillip
Lot/Plan
16/PS412103

Last Listing description (January 2022)

***Government directions require all open home attendees to be fully vaccinated. If you are fully vaccinated you are welcome to attend one of the advertised open for inspection times, where proof of vaccination is required prior to entry.
If you are not fully vaccinated and would like to view this home please contact our team to organise a private inspection.
We thank you for assisting us as we implement directions from the Victorian government.***

STYLE IN THE HEART OF THE BOTANICAL GARDEN PRECINCT

Positioned as close as it gets to Melbourne's finest attractions such as the Royal Botanic Gardens, Albert Park Lake, the Arts centre and CBD.

The two bedrooms bookend the living and dining area for increased personal privacy, master bedroom includes a modern walkthrough wardrobe to central bathroom / ensuite with the second bedroom maintaining comparable size with a built in robe.

Other features include modern kitchen complete with dishwasher and concealed euro laundry, large windows throughout which make for a lovely light filled space that leads onto a private balcony. Secure entry with intercom, heating/cooling, indulgent corner spa bath, undercover lower-level secure car space and roof top deck with sensational city views.

This apartment is just about as close as you can get! Situated on the vibrant city fringe and only a short stroll away from Albert Park, the Royal Botanical Gardens, Sports Precinct, South Melbourne Market, St Kilda Road and the Arts Precinct as well as a tram stop conveniently located close by this one wont last long.

Property History for 16/21-27 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$545,000
20 Nov 2021
  • 20 Nov 2021
    Sold for $545,000
  • 11 Oct 2021
    Listed for Sale Not Disclosed
  • 27 Apr 2013
    Sold for $444,000
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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 12,940 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, 485 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.