450 Park StreetSouth Melbourne VIC 3205
Property Details for 450 Park St, South Melbourne
450 Park St, South Melbourne is a 2 bedroom, 1 bathroom Townhouse and was built in 1877. The property has a land size of 108m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (February 2023)
A tree-lined street in an exclusive neighbourhood provides the perfect setting for this beautiful c1870 Victorian end-terrace, delivering a ready-to-enjoy lifestyle of quality and privacy just metres from Albert Park Village, St Vincent Gardens and South Melbourne Market.
Instantly inviting, the home's impeccable interior comprises two generous bedrooms upstairs, including the traditional balconied main with built-in robes, complemented by an ground-floor bathroom, accessed via the light-filled galley kitchen. Abundant natural light flows through at every angle, highlighting the exquisite period details within the original ornate ceilings and Baltic pine flooring, contrasting beautifully with the updated, crisp white interior. An open fireplace in the formal living room adds to the warm ambience, whilst the formal dining room offers storage and brilliant northern light, spilling in from the adjacent courtyard.
Other stand-out features include split system AC, cleverly concealed laundry, understairs storage and heating, strategically placed for year-round comfort, plus a north-facing courtyard with low-maintenance garden borders and side access, ideal for relaxing or entertaining.
Utilise the approved architectural plans and extend up and out to create a tri-level 2-3 bedroom, 2.5-bathroom masterpiece of modern living, with a rooftop terrace and entertainers courtyard, open-plan living/dining/kitchen with extraordinary scale and light, and an ensuite for the main bedroom. Perfectly positioned within easy walking distance to vibrant cafes, boutiques, the open spaces of Albert Park Lake and MSAC, and only steps from a choice of tram lines direct to entertainment precincts and the CBD.
Property History for 450 Park St, South Melbourne, VIC 3205
- 04 May 2023Sold for $1,730,000
- 25 Jan 2023Listed for Sale $1,750,000
- 20 Feb 2021Sold for $1,670,000
Recent sales nearby
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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 12,857 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.
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