407/138 Ferrars StreetSouth Melbourne VIC 3205
Property Details for 407/138 Ferrars St, South Melbourne
407/138 Ferrars St, South Melbourne is a 2 bedroom, 2 bathroom Unit. The property has a land size of 1969m2.
Last Listing description (December 2025)
Welcome to Montague Square - the new way of living!
-Purpose-built for long-term tenants
-Amazing services for residents:
-Pet care (yep, it's pet-friendly!)
-Laundry & cleaning services
Plus much more!
-On-site concierge to handle community events and maintenance - making your life easier!
-Flexible lease options - 3 years or less by mutual agreement
Building Amenities:
-Fully equipped gym
-Bookable meeting room for work
-Coworking desks and Work from Home spaces
-Resident lounge to relax
-Rooftop lounge to soak in the sun, and watch the fireworks
-Tesla Model Y for hire (in pilot program) *Subject to vehicle availability, anytime in the first week of moving in, the vehicle is bookable by the hour free of charge.
-Electric Vehicle (EV) charging
Apartment Features:
-Smart design with zones for cooking and dining
-Air conditioning
-Kitchen: Stone benchtops, glass splashback, stainless steel appliances, gas cooktop, and full-size dishwasher
-Spacious bedrooms with ample storage
Stunning fully tiled central bathroom
-Euro laundry for convenience
-Pushbike storage included
-Optional storage cages available for extra cost (some big enough for a canoe! )
Location, location, location!
-South Melbourne Market and shopping precinct within walking distance
-Directly opposite South Melbourne Primary School
-Easy access to CBD and Melbourne Universities
-Light rail just around the corner
Ready to inspect?
-Simply click on "Book an Inspection Time" or "Email Agent" to book instantly
-Register to receive updates, changes, or cancellations right away!
Property History for 407/138 Ferrars St, South Melbourne, VIC 3205
- 28 Aug 2025Listed for Rent $750 / week
Recent sales nearby
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0About 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 12,921 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.
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