424/85-87 Market StreetSouth Melbourne VIC 3205
Property Details for 424/85-87 Market St, South Melbourne
424/85-87 Market St, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2017. The property has a land size of 3417m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
Last Listing description (September 2026)
Set in the heart of South Melbourne, this stylish apartment delivers easy, low-maintenance living with everything you need right at your doorstep. With South Melbourne Market, local cafs, restaurants and public transport all within easy reach, the location is hard to beat.
Inside, the apartment features a sleek, state-of-the-art kitchen complete with quality Smeg appliances and plenty of storage, flowing seamlessly into the spacious open-plan living and dining area. Floor-to-ceiling windows open onto a generous balcony, creating the perfect spot to entertain, unwind and take in the fantastic views.
The modern bathroom is bright and beautifully finished, while a European laundry adds convenience. Additional features include split-system heating and cooling, dishwasher and intercom entry.
Residents also have access to a fantastic communal entertaining area, complete with BBQ facilities, fire pit and alfresco spaces, perfect for relaxing with friends or enjoying the warmer months.
With style, space and an unbeatable South Melbourne location, this apartment is one not to miss.
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Property History for 424/85-87 Market St, South Melbourne, VIC 3205
- 10 Aug 2026Listed for Rent $560 / week
- 26 Aug 2022Listed for Rent - Price not available
- 04 Sep 2019Listed for Rent - Price not available
Recent sales nearby
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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 13,066 properties. Over the last 5 years, Houses in South Melbourne have seen a -5.62% decrease in median value, while Units have seen a 2.09% increase. As at 31 August 2026:
- The median value for Houses in South Melbourne is $1,687,888 while the median value for Units is $636,972.
- Houses have a median rent of $825 while Units have a median rent of $680.
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