316 Ferrars St, South Melbourne is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1880. The property has a land size of 184m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in February 2025.
Beautifully renovated with meticulous attention to detail, this solid-brick, single-fronted home offers effortless living in one of South Melbourne's most desirable pockets.
Blending classic charm with contemporary style, the light-filled interior features soaring ceilings, crisp white walls, and a traditional floorplan. A front bedroom and separate lounge flow through to an open-plan living and dining area, complemented by a sleek timber-accented kitchen with stainless steel appliances.
Step outside to a sun-soaked courtyard with no-mow astro turf perfect for entertaining or relaxing. Upstairs, a spacious second bedroom with a luxurious ensuite provides privacy and flexibility.
You'll be just a short stroll from the best of South Melbourne, walk to the iconic South Melbourne Market for fresh produce and gourmet eats, explore the cafes and boutiques of Clarendon Street, or enjoy a picnic in the stunning surrounds of St Vincent Gardens. The open spaces of Albert Park Lake are close by, and the beach is only minutes away.
With the light rail just 400m from your door, commuting to the CBD is quick and effortless.
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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 12,850 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:
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