308/85 Market St, South Melbourne is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 1 bedroom Apartment sold in South Melbourne in the last 12 months.
This delightful, bright, one bedroom plus study, designer apartment in one of Melbourne’s most sought-after locations is the perfect first home or investment. Boasting beautiful timber floors, spacious living area, split system air conditioning, state of the art kitchen with stainless steel appliances including integrated dishwasher, gas-cooking stone bench-tops, mirrored splash backs, sparkling bathroom, euro-laundry, bedroom with mirrored built-in robes, open plan living and a sunny terrace this is low-maintenance lifestyle living at its finest.
Situated in the stylish Teri complex on the edge of the CBD, this quality apartment is accessed through a security entrance of grand proportions with intercom, and lift access from the lobby. Add the convenience of communal BBQs and alfresco entertainment area with fantastic CBD views, on the seventh floor and you have it all.
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 12,877 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:
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