31 Coventry Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
 
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31 Coventry Street
South Melbourne VIC 3205

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Property Details for 31 Coventry St, South Melbourne

Building Type
Land
Local Government
Port Phillip

Last Listing description (October 2022)

JLL Development Site Services have the exclusive privilege of offering for sale this outstanding permit approved landholding at 31 Coventry Street, South Melbourne.

Key details of the opportunity include:

+ Perfectly positioned city-fringe landholding
+ Approved permit for a striking Elenberg Fraser designed project comprising 11,817sqm of GFA over 21 levels
+ Valuable rear frontage to Wells Place
+ Last undeveloped site in this exclusive block
+ High quality existing office building with short-term income
+ Flexible Mixed-Use Zone suiting an array of development outcomes including BTR/Co-Living, office and hotel (STCA)
+ Potential for stunning uninterrupted and protected CBD views from any redevelopment of the property
+ Ideally placed between Melbourne's Arts precinct (undergoing a $1.46billion transformation) and the prestigious Domain Precinct
+ A superb location within easy walking distance to the future Anzac Train Station/Domain Tram Interchange, the Royal Botanic Gardens and Albert Park Lake

EOI NOW CLOSED - OFFERS UNDER REVIEW

To obtain further information or to arrange an inspection, please contact the exclusive selling agents at JLL.

Josh Rutman | 0411 27 37 46
Jesse Radisich | 0402 085 702

Mingxuan Li 0498 688 998 Mingxuan.Li@ap.jll.com ID: Mingxuanli777

- Positioned between Domain/Arts Precincts
- Flexible Mixed-Use Zone
- Permit approved for 11,817sqm GFA

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Property History for 31 Coventry St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Listed for Rent
01 Dec 2021
  • 10 Aug 2022
    Listed for Sale Contact Agent
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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 12,877 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 27 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.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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