329/85 Market StreetSouth Melbourne VIC 3205
Property Details for 329/85 Market St, South Melbourne
329/85 Market St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 3417m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.
Last Listing description (December 2025)
Escape the urban rush and enjoy the beautiful ambience of this polished 2 bedroom 2 bathroom 3rd floor security apartment.
Just around the corner from the South Melbourne Market in the Point Architects designed 'Teri' development which retains the historic red brick faade, this blissful apartment uncovers a casual living and dining domain that extends onto the deep undercover balcony, a European appointed kitchen that's great for drinks and dinner on the stunning island bench, 2 generously proportioned bedrooms (mirrored full height robes), 2 chic subway tiled bathrooms (ensuite) and a European laundry.
In an impressive building with a barbeque entertaining terrace and expansive lobby, this inner city hideaway is enhanced with Oak floors, double glazing, reverse cycle air conditioning, video intercom, lift access, a storage unit and secure basement parking.
Love having that lifestyle balance and pure convenience jump on the tram into work, do all your shopping around the corner, go for a run around 'The Tan' or Albert Park Lake, catch a show at the LUME, or head down Clarendon Street to discover what's new in the food and bar scene.
In the exclusive 'Teri' building
European Oak flooring
Communal barbeque terrace
Lift access to secure parking
A heartbeat to the iconic market
Property History for 329/85 Market St, South Melbourne, VIC 3205
- 18 Jul 2025Sold for $580,000
- 06 May 2024Listed for Sale $635,000
- 23 Aug 2022Sold for $610,000
Recent sales nearby
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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.
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