3/238 Ferrars Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

3/238 Ferrars Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 350m2
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Property Details for 3/238 Ferrars St, South Melbourne

3/238 Ferrars St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 350m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2015
Floor Size
89m2
Land Size
350m2
Local Government
Port Phillip
Lot/Plan
5/PS725432

Last Listing description (November 2021)

Combining the evocative charm of its former hat factory origins with sensational designer style, this boutique town residence offers an unbeatable location- only a stone's throw away from the iconic South Melbourne market, walking distance to St Vincent Gardens, Albert Park Village, Port Melbourne Beach and the light rail which conveniently takes you into the heart of the CBD in 6 minutes. Set securely back from the street at the rear of the property, this one of only four luxury townhouses boasts oak floors in the entrance hall that leads to two plush bedrooms featuring generous built-in robes and are illuminated by a central light-well. The luxurious bathroom is stylishly tiled with timber accents. Original rafters, a rustic brick factory wall and feature windows frame contemporary living spaces, including first-floor lounge flowing to a huge open-plan casual living/dining featuring pristine Miele kitchen with sleek cabinetry and stone benchtops. Ascend the balcony staircase to an impressive rooftop terrace that is truly an entertainer's delight. With breathtaking views of the city skyline, this generous space is your own private inner-city paradise.
Further features include impeccably appointed security intercom, ample storage, ducted heating/cooling, Euro-laundry, store-room and secure undercover parking.

Property History for 3/238 Ferrars St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,180,000
17 Nov 2021
  • 17 Nov 2021
    Sold for $1,180,000
  • 27 Oct 2021
    Listed for Sale Contact Agent
  • 20 Jun 2015
    Sold for $900,000
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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 12,876 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:

  • The median value for Houses in South Melbourne is $1,777,710 while the median value for Units is $634,357.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 38 properties listed for sale, and 26 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 488 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.