316/52 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

316/52 Park Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 13 Jul 2026
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Property Details for 316/52 Park St, South Melbourne

316/52 Park St, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2014. While the property is not currently for sale or for rent, it was last sold in February 2013.

Building Type
Unit
Year Built
2014
Local Government
Port Phillip
Lot/Plan
316/PS647024

Last Listing description (June 2020)

LOW MAINTENANCE SOUTH MELBOURNE LIVING!

During these difficult times, we are aware that there is a lot of financial hardship. This should not be the reason to stop you from moving into a new property. The rent will be $300 per week for the first six months and then revert back to the original rent of $350 per week. ** please note that bond will be taken out based on the higher rental amount. Due to COVID-19 precautions, we are only conducting one on one inspections with pre-qualified prospective tenants. Watch the walk through video and apply using 1form, then inspect.Designed by Elenberg Fraser, this 1 bedroom in the exclusive Essence development is sure to please. Nestled in one of South Melbourne's most desirable locales, overlooking Albert Park Lake, The Royal Botanical Gardens and Port Philip Bay, Essence apartments offers the very best of low maintenance living.Essence comprises exceptional facilities, perfect for the busy professional. Set on the 3rd floor, residents of the building enjoy the private dining room with full kitchen facilities, well equipped gym, cinema room and expansive entertainers deck with breathtaking views. Finished to the up most standard providing for the perfect inner city lifestyle, Warm neutral tones throughout the bedroom and living area complement clean and minimal surfaces.Kitchen of beautifully fitted cabinetry with marble bench top and mirrored splashback, SMEG appliances including integrated dish washer.Main living area with juliette balcony opens to stunning bay and district views. Luxurious fully tiled bathroom with large shower and washing machine taps.Conveniently located walking distance to the Royal Botanic gardens, South Melbourne Market and Albert Park Lake with easy access to trams and trains via domain interchange.*Please note- photos are indicative only*

Property History for 316/52 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$197,000
08 Feb 2013
  • 04 Mar 2020
    Listed for Rent $300 PW / $1304 PCM
  • 22 Feb 2019
    Listed for Rent $355 PW / $1543 PCM
  • 09 Apr 2018
    Listed for Rent $340 P/W $1477
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. There are 15 parks, covering nearly 3.3% of the 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 12,921 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:

  • The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 33 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 464 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.