424 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
 
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424 Park Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Last updated 18 May 2026
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Property Details for 424 Park St, South Melbourne

424 Park St, South Melbourne is a 3 bedroom, 2 bathroom Unit and was built in 1885. While the property is not currently for sale or for rent, it was last sold in February 2025.

Building Type
Unit
Year Built
1885
Local Government
Port Phillip
Lot/Plan
2/SP36737

Last Listing description (November 2023)

PERIOD EXTERIOR CONTEMPORARY INTERIOR Circa 1883

THIS PROPERTY IS TO BE LET UNFURNISHED.

To register to attend an open for inspection please click the Request an Inspection button. Please ensure you have registered your attendance before arriving at the inspection.

This stylish quality renovation of a Victorian terrace offers the best of modern day living in a sought-after outstanding location. Enter to a front sitting room with brand new timber floorboards, central bathroom (in floor heating and ceiling heating) with separate laundry area. The contemporary sleek galley style kitchen opens to a meals area with fully glazed rear wall/sliding door to a low maintenance courtyard with direct rear laneway access to the property.

The beautiful architectural new solid timber staircase leads upstairs to two double bedrooms, each with built in robes and split system cooling/heating, and third single sized bedroom or study. There is also a generous sized central family bathroom with in floor heating and feature skylight. This property is light and bright, has modern neutral tones throughout, white cedar venetians, and easy rear laneway access.

Moments to St Vincent Place Gardens, Clarendon Street, numerous restaurants and cafes of Albert Park Village, famous South Melbourne Market, Albert Park Lake, MSAC, and trams.

PLEASE NOTE: Property availability is subject to change without notice.
Contact: Jane Feely 9699 5999

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Property History for 424 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,565,000
22 Feb 2025
  • 21 Nov 2023
    Listed for Rent $975.00 per week
  • 26 Oct 2023
    Listed for Sale $1,800,000 - $1,900,000
  • 23 Feb 2014
    Listed for Sale SOLD - $840,000
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of 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 12,856 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 35 properties listed for sale, and 32 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 475 properties were sold in the past 12 months in South melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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