401/39 Park St, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2022. The property has a land size of 1258m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in September 2018.
A brand new apartment set in a blue-chip location close to St Kilda Road, Albert Park Lake and the Royal Botanic Gardens, Park Ave is South Melbourne's most anticipated new residential landmark. Featuring cutting edge contemporary interiors. Park Ave delivers a new standard in apartment living.
This 1 bedroom + study apartment features the following:
-The kitchen offers a range of quality features including Smeg/Miele kitchen appliances, stone benchtops, and splashbacks
Park Ave also provides a lounge (which can be privately booked out for special occasions) the lounge is located directly across from the apartment on level 4. Also offering a spa and wellness area, as well as a five-star concierge service encompassing everything from dry cleaning, parcel collection and supermarket storage to transportation and dining reservations.
Additional Notes:
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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 12,920 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:
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