40 Mountain Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

40 Mountain Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 141m2
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Last updated 18 May 2026
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Property Details for 40 Mountain St, South Melbourne

40 Mountain St, South Melbourne is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 141m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in July 1982.

Building Type
House
Floor Size
98m2
Land Size
141m2
Local Government
Port Phillip
Lot/Plan
1/TP196230

Last Listing description (June 2021)

This delightful home is sensationally positioned between Albert Park and Port Melbourne Shopping and yet only a stroll to public transport and the beach. Comprising 2 decent sized bedrooms (1 with cupboards), entrance hall leading you to an open plan kitchen and living room that enjoys direct access to the rear sunny yard. The bathroom provides a shower over bath and laundry area. Features include gas heating and cooking.
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Property History for 40 Mountain St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$50,500
16 Jul 1982
Listed for Rent
$500/w
21 Jun 2021
  • 11 Jun 2021
    Listed for Rent $500 / week
  • 21 Sep 2018
    Listed for Rent - Price not available
  • 02 Apr 2014
    Listed for Rent - Price not available
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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 12,857 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:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 33 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 475 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.