409/39 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

409/39 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 60m2
Land area: 1264m2
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Property Details for 409/39 Park St, South Melbourne

409/39 Park St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 1264m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
Unit
Floor Size
60m2
Land Size
1264m2
Local Government
Port Phillip
Lot/Plan
409/PS818660

Last Listing description (February 2025)

Welcome to Park Avenue, one of South Melbourne's premier new addresses, ideally situated on Park Street at the edge of Southbank. Just minutes from the Royal Botanical Gardens, the Shrine of Remembrance, and an array of vibrant local restaurants and cafes, this luxurious building offers unrivalled access to everything you need, including multiple transport options.

Residents at Park Avenue enjoy exclusive access to a stunning wellness centre, complete with a pool and cabana chairs, a serene sauna, and a state-of-the-art gym, all overseen by an on-site building manager. It's the ultimate urban lifestyle at your doorstep.

This sophisticated apartment showcases high-end finishes throughout. The well-appointed kitchen features stainless steel appliances, including a gas cooker, oven, dishwasher, and a sleek island with stone bench tops. The spacious, north-facing open-plan living area flows seamlessly to a generous balcony, offering an effortless blend of indoor and outdoor living. With ample room for a dining area, this space is designed for both relaxation and entertainment. Both of the large bedrooms come with built-in wardrobes and abundant natural light, while the master suite boasts a private ensuite. Both bathrooms are fully tiled, each equipped with a shower, basin, and toilet, delivering style and convenience.

Complete with a dedicated car park and storage cage for extra convenience, this property is available now with vacant possession. For all enquiries, please contact Taylor Sims at 0403 485 210.

Property History for 409/39 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$566,000
20 Jan 2025
Listed for Rent
$650/w
30 Aug 2023
  • 20 Jan 2025
    Sold for $566,000
  • 31 Oct 2024
    Listed for Sale $550,000 - $595,000
  • 07 Aug 2023
    Listed for Rent $650 / week
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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.