2/238 Ferrars St, South Melbourne is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2015. The property has a land size of 350m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Combining the evocative charm of its former hat factory origins with sensational designer style, this sophisticated town residence offers an unbeatable location walking distance to South Melbourne market, St Vincent Gardens, Albert Park Village and the light rail which conveniently takes you into the heart of the CBD in 6 minutes. Set securely back from the street, as one of only four luxury townhouses, oak floors flow through the entrance hall to a generous main bedroom and an additional second bedroom with built in robes and a stylish bathroom. Timber stairs lead up to a superbly proportioned open plan living and dining room featuring vaulted, 3-metre high ceilings with the original rafters and a rustic brick factory wall. The state of the art kitchen is brilliantly appointed with Miele appliances and stone benches. On the level above, a fabulous entertaining rooftop terrace and BBQ setting providing striking views of the city skyline. Impeccably appointed with security intercom, ample storage, ducted heating/cooling, powder-room, Euro-laundry, store-room, storage cage and secure undercover parking.
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 12,878 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.10% increase in median value, while Units have seen a 5.96% increase. As at 31 January 2026:
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