189 Gladstone Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

189 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: -
Car spaces: -
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Last updated 19 Jan 2026
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Property Details for 189 Gladstone St, South Melbourne

189 Gladstone St, South Melbourne is a 3 bedroom, 0 bathroom House and was built in 1980. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
1980
Local Government
Port Phillip
Lot/Plan
1/TP433034

Last Listing description (October 2020)

Flexibility, Functionality and Ambience all Rolled into One.

Flexibility, Functionality and Ambience all Rolled into One.

Please note: Due to COVID-19 restrictions, we will only be conducting private viewings of this property and practising the required protocols.
We have scheduled pre-set times for your convenience. Either when viewing our belleproperty.com listing, select BOOK PRIVATE INSPECTION or upon enquiring you will receive a link to available inspection times.

ONLINE AUCTION: Thursday, 29th October at 6.00pm. To register or view the auction, please contact Scott McElroy or use to following link: https://us02web.zoom.us/meeting/register/tZ0lcOmpqjwpE9Pr1vhba30cB8wxTdt7ALqa

Perfectly positioned to suit a myriad of needs, this corner warehouse-style residence/business property is totally flexible and perfectly positioned to suit an urban lifestyle.

Every room is bathed in superb north-west light and on the first level, the open plan living enjoys uninterrupted views through the trees to the dog-friendly park diagonally opposite. Enjoying a commanding corner location, this two-level residence/business is a short stroll from the iconic South Melbourne Market, South Wharf and Bay Street.

Located in the recently re-zoned Montague precinct, close to the tram and a state of the art primary school, this dual occupancy property is unusually suited to facilitate a wide range of creative work/life options. With city-zoning on your side, this property offers the huge bonus of creative flexibility.

Work from home, run a business, professional studios, or set up a retail opportunity - the choices are there to suit your needs either now or in the future - the choices are there to suit your requirements - STCA.

Property History for 189 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,685,000
19 Oct 2020
  • 18 Oct 2020
    Sold - Price Undisclosed
  • 24 Sep 2020
    Listed for Sale $1,575,000 - $1,675,000
  • 19 Jun 2012
    Listed for Sale MID $800,000'S
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of 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 12,880 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.14% increase in median value, while Units have seen a 6.21% increase. As at 31 December 2025:

  • The median value for Houses in South Melbourne is $1,743,660 while the median value for Units is $637,243.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 35 properties listed for sale, and 32 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.