401/181 Ferrars Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

401/181 Ferrars Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 37m2
Land area: 42m2
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Property Details for 401/181 Ferrars St, South Melbourne

401/181 Ferrars St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 42m2 and floor size of 37m2.

Building Type
Unit
Year Built
2012
Floor Size
37m2
Land Size
42m2
Local Government
Port Phillip

Last Listing description (May 2019)

On the edge of the city, within easy reach of the South Melbourne Market and bayside beaches, Vivid 181 offers the upside of city living with none of the downside. At a comfortable 20 levels, with uninterrupted views, a strong connection to the neighbourhood and what will be a vibrant street scene.
Designed by Denton Corker Marshall, architects par excellence, Vivid apartment homes are at the centre of the Ferrars Street activity hub, a new residential, educational and community place. Under construction is a new school with community facilities: a landscaped urban plaza, playground, amphitheatre, basketball court, new public park, the pedestrianisation of neighbourhood streets and extensive street landscaping.
1 minute to light rail station

2 minutes to 24-hour city
2 minutes to South Melbourne Market
4 minutes to arts and entertainment venues
7 minutes to bayside beaches
5 minutes to the airport freeway entry
Floor to ceiling glass, panoramic 180 views, 2.9-metre ceilings, no wasted corridor space that you pay for but can't use
A sense of space and openness
Less owners corporation fee
Cafe, restaurant, bar, room service, mini-provedore, mini-bakery. Co-working spaces, business centre, study area, a 'go to' person. Gym, table tennis, parking, bicycle storage, dry cleaning laundry

Property History for 401/181 Ferrars St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
  • 17 Aug 2016
    Listed for Sale Urban from $385,000
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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 12,878 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.10% increase in median value, while Units have seen a 5.96% increase. As at 31 January 2026:

  • The median value for Houses in South Melbourne is $1,777,710 while the median value for Units is $634,357.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 37 properties listed for sale, and 24 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 490 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.