1602/39 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1602/39 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 1258m2
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Last updated 13 Jul 2026
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Property Details for 1602/39 Park St, South Melbourne

1602/39 Park St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 1258m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
Unit
Land Size
1258m2
Local Government
Port Phillip
Lot/Plan
1602/PS818660

Last Listing description (June 2022)

Set in a blue-chip location close to St Kilda Road, Albert Park Lake and the Royal Botanic Gardens, Park Ave is South Melbourne's most anticipated new residential landmark. Featuring cutting edge contemporary interiors alongside high quality appointments throughout, Park Ave delivers a new standard in apartment living.

An open-plan living area extends via an outdoor balcony allowing you to enjoy spectacular views. The well-positioned kitchen comes fully equipped with stainless steel appliances and plenty of cupboard space. Spacious bedrooms offer BIR's and City views. Other features include secure intercom access; floor to ceiling windows; stylish bathroom; split system air-con; generously sized balcony.

Features:

- Secure video entrance
- Generous bedrooms with built-in robes
- Sparkling bathrooms
- Open plan living and dining with adjacent balcony featuring city views
- Kitchen with dishwasher, gas cooktop, plus appliances
- European Laundry
- Split system air-con
- On-site building manager
- Car space
- Storage cage
- Building Facilities include lounge, gym and spa etc.

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Property History for 1602/39 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$685,000
12 Jul 2018
Listed for Rent
$550/w
18 Jun 2022
  • 07 Jun 2022
    Listed for Rent $550 / week
  • 12 Jul 2018
    Sold for $685,000
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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 12,921 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.