1601/39 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1601/39 Park Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1258m2
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Last updated 13 Jul 2026
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Property Details for 1601/39 Park St, South Melbourne

1601/39 Park St, South Melbourne is a 1 bedroom, 1 bathroom Unit. The property has a land size of 1258m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Land Size
1258m2
Local Government
Port Phillip
Lot/Plan
1601/PS818660

Last Listing description (April 2026)

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Discover the elegance of modern living in this unfurnished 1-bedroom apartment with an adjoining study, nestled in the heart of the city on Park Ave. Embrace a fresh start in a contemporary space meticulously designed for comfort and convenience.

Featuring a fully equipped kitchen with state-of-the-art appliances, your culinary adventures are complemented by the ease of city living right at your doorstep. Thoughtfully designed, the spacious layout enhances comfort and functionality, with an additional bonus study area, perfect for work or personal projects.

Park Ave offers a touch of luxury with amenities that elevate your living experience. Unwind in the sophisticated lounge, indulge in the spa and wellness facilities for ultimate relaxation, and enjoy the convenience of a Five-Star Concierge Service that ensures your every need is met.

Property History for 1601/39 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$486,500
04 Mar 2020
  • 30 Mar 2026
    Listed for Rent $560 / week
  • 04 Mar 2020
    Sold for $486,500
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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 12,921 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:

  • The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 34 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 469 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.