401/39 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

401/39 Park Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 61m2
Land area: 1258m2
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Last updated 6 Jul 2026
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Property Details for 401/39 Park St, South Melbourne

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.

Building Type
Unit
Year Built
2022
Floor Size
61m2
Land Size
1258m2
Local Government
Port Phillip
Lot/Plan
401/PS818660

Last Listing description (March 2023)

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

-Master bedroom with built in robes, finished with mirrored soft closing doors
-Large study with a stunning view & ample space for a single bed
-Stunning bathroom with black finishes & a walk in double shower
-European style laundry in the bathroom - Check dimensions for your washing machine to ensure fitting is suitable.
-Two split system heating/cooling.
-Storage cage included

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:

**HOW TO INSPECT THIS PROPERTY** Arranging an inspection is easy. Simply click on the 'Book an inspection' button for this rental property and choose your preferred day/time then enter your contact details. By registering, you will be provided with any updates, changes or cancellations for your inspection. Registering for the inspection is mandatory and you MUST confirm your appointment 2 hours before otherwise the inspection may be cancelled. **For guaranteed access, please arrive at the inspection at the allocated start time, any later and access is not guaranteed.** PHOTO ID MUST BE PROVIDED BEFORE ENTRY AT THE PROPERTY.

Property History for 401/39 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$499,000
19 Sep 2018
Listed for Rent
$400/w
24 May 2022
  • 19 Apr 2022
    Listed for Rent $400 / week
  • 19 Sep 2018
    Sold for $499,000
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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 12,920 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:

  • 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.
There are currently 34 properties listed for sale, and 33 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 470 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.