362 Park Street, South Melbourne, VIC 3205 sold on 05 July 2025 | OnTheHouse
SOLD
Sold on 05 Jul 2025 for $2,850,000

362 Park Street
South Melbourne VIC 3205

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Floor area: 201m2
Land area: 249m2
Sold By
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Belle Property Albert Park
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Property Details for 362 Park St, South Melbourne

362 Park St, South Melbourne is a 5 bedroom, 2 bathroom House and was built in 1890. The property has a land size of 249m2 and floor size of 201m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 5 bedroom House sold in South Melbourne in the last 12 months.

Building Type
House
Year Built
1890
Floor Size
201m2
Land Size
249m2
Local Government
Port Phillip
Lot/Plan
1/TP575516

Last Listing description (September 2025)

Set on approximately 249m of land and masterfully reimagined with an uncompromising commitment to craftsmanship and timeless design, this double-storey Victorian terrace stands proudly in one of South Melbourne's most exclusive and tightly held addresses. Enriched by its grand proportions, exquisite finishes and abundant northern light, this remarkable residence harmoniously unites period splendour with sophisticated contemporary luxury.

From its stately tuck-pointed brown brick facade to the soaring ceilings and ornate plasterwork within, every detail of this home has been thoughtfully curated. The traditional layout has been elegantly preserved while subtly adapted for modern living, offering dual living zones, a flexible ground-floor bedroom option, and a sun-soaked North-facing pool that elevates everyday living to a resort-style experience.

An arched hallway lined with impeccably laid French oak chevron-patterned hardwood floors welcomes you into a sequence of refined interiors. The formal lounge exudes elegance, while the spectacular conservatory-style family room invites natural light to pour through oversized glazing, offering tranquil views of the beautifully landscaped garden. A paved alfresco area with inbuilt seating, cloaked in lush vertical greenery, leads to the solar heated pool with frameless glass fencing and an indulgent outdoor shower accessed via a rear right of way for absolute convenience.

At the heart of the home, a bespoke stone kitchen is both a culinary centrepiece and a design statement. Anchored by a joyful yellow AGA cooker, it is complemented by imported English tapware, a porcelain farmhouse sink, in-built Miele dishwasher, integrated wine fridge and double door refrigerator, seamlessly blending classic charm with modern function. Adjacent to the main living spaces, the downstairs bedroom enjoys direct access to the courtyard, providing a private and serene retreat with garden outlooks-ideal for guests or multigenerational living. A ground-floor bathroom adorned with bold Italian printed tiles and a walk-in rainfall shower enhances both convenience and style.

Upstairs, the master retreat exudes serenity and space, complete with built-in robes and large windows opening to a private balcony. Two additional oversized, light-filled bedrooms share a striking central bathroom featuring full-height monochrome tiling, an opulent clawfoot soaking tub original to the home and a rainfall walk-in shower. A separate study or fifth bedroom positioned at the rear completes this versatile upper level.

Throughout the home, original Victorian joinery is complemented by hydronic heating and elegant plantation shutters. Restored iron fireplaces, some enhanced with marble mantels, add rich period character, while the meticulously landscaped garden provides a private, low maintenance outdoor sanctuary.

Occupying a blue-chip position between Albert Park Village, Clarendon Street, and the South Melbourne Market, this prized address offers a truly walkable lifestyle amidst Melbourne's most vibrant cultural and culinary scenes. Enjoy effortless proximity to MSAC, Albert Park Lake, St Vincent Gardens, Gasworks Arts Park, and a host of prestigious schools and parklands-making this a rare and refined offering of timeless prestige and contemporary excellence.

Property History for 362 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$2,850,000
05 Jul 2025
Listed for Rent
$2.10k/w
22 Feb 2024
  • 05 Jul 2025
    Sold for $2,850,000
  • 01 May 2025
    Listed for Sale Not Disclosed
  • 08 Jan 2024
    Listed for Rent $2,100 / week
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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 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:

  • The median value for Houses in South Melbourne is $1,744,641 while the median value for Units is $633,273.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 37 properties listed for sale, and 41 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 497 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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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.