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.
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.
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:
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