428 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

428 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 84m2
Land area: 58m2
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Last updated 8 Dec 2025
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Property Details for 428 Park St, South Melbourne

428 Park St, South Melbourne is a 2 bedroom, 1 bathroom House and was built in 1880. The property has a land size of 58m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
1880
Floor Size
84m2
Land Size
58m2
Local Government
Port Phillip
Lot/Plan
1/RP16811

Last Listing description (October 2022)

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Two storey Victorian home ideally situated just a stroll from Albert Park village, St Vincent gardens and city tram. Enjoy spacious open plan living + good size kitchen with stainless appliances, gas cook top and meals area + great size entertaining paved courtyard. Large main bedroom with built in robe and lots of natural light + further 2nd bedroom with built in robe + separate study & a white tiled bathroom with laundry facilities. Period features throughout including high ceilings & stained glass + timber floors, plantation shutters + central heating.

PLEASE NOTE: Property availability is subject to change without notice.

Contact: Miranda Hughes 9646 0812

Property History for 428 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,260,000
19 Jun 2021
Listed for Rent
$650/w
28 Oct 2022
  • 13 Sep 2022
    Listed for Rent $650 / week
  • 19 Jun 2021
    Sold for $1,260,000
  • 06 May 2021
    Listed for Sale Contact Agent
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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 12,873 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:

  • The median value for Houses in South Melbourne is $1,744,641 while the median value for Units is $633,273.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 38 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 498 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.