311/39 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

311/39 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 1258m2
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Last updated 9 Feb 2026
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Property Details for 311/39 Park St, South Melbourne

311/39 Park St, South Melbourne is a 2 bedroom, 1 bathroom Unit. The property has a land size of 1258m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Land Size
1258m2
Local Government
Port Phillip
Lot/Plan
311/PS818660

Last Listing description (October 2022)

Setting the bar high for South Melbourne style, space and sophistication, this impeccable apartment is positioned on the third floor of the luxury-led Park Ave building. Venture downstairs and explore an unmatched lifestyle location within walking distance of the Royal Botanic Gardens, South Melbourne Market, Albert Park Lake, a feast of local eateries, St Kilda Road trams and the upcoming Anzac Railway Station.

What we love about this property:
- Secure entry building

- Two spacious bedrooms
- Two bathrooms
- Grand concierge-led entrance
- High-quality kitchen showcasing a stone-topped island bench, a concealed fridge space and the full suite of premium Smeg appliances including an integrated dishwasher
- Open-plan living and dining
- Undercover balcony graced with neighbourhood views
- Mirror-robed bedrooms are naturally lit and substantial in size
- Perfect pair of luxe bathrooms with mirrored cabinetry and fully tiled rainfall showers
- Secure parking
- Euro-style laundry
- Split-system heating and cooling
- Double glazed wondows with roller blinds
- Lightly toned timber floorboards
- Video intercom entry
- Hotel-style amenities including a library/lounge with a fireplace, a spa and wellness area, shared courtyard, a pilates room, sauna and a fully equipped gym.

BOOKING AN INSPECTION
All of our available inspection times are displayed below and you can register yourself for an inspection using our online booking system. If you can't make the listed inspection time or if no times are displayed, please register your interest and we will notify you as soon as an inspection time becomes available.

APPLYING FOR THIS PROPERTY
We have a strict 'inspect before apply' policy for all our rental properties. You must either inspect the property yourself or have someone attend on your behalf. We only accept online applications through 2Apply and the application code will be provided to you at the inspection.

Property History for 311/39 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$634,000
15 May 2020
Listed for Rent
$600/w
27 Oct 2022
  • 20 Jan 2023
    Listed for Sale Not Disclosed
  • 28 Sep 2022
    Listed for Rent $600 / week
  • 15 May 2020
    Sold for $634,000
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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 27 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 484 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.