47/88 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

47/88 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 89m2
Land area: 2785m2
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Property Details for 47/88 Park St, South Melbourne

47/88 Park St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 2785m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1998
Floor Size
89m2
Land Size
2785m2
Local Government
Port Phillip
Lot/Plan
47/PS403941

Last Listing description (July 2024)

Welcome to 88 Park Street South Melbourne! This beautifully appointed apartment offers the epitome of contemporary living in one of Melbourne's most sought-after locations. Nestled within a vibrant neighborhood, this spacious two-bedroom apartment boasts modern amenities and stylish finishes throughout.

Step inside to discover a bright and airy open-plan living area, perfect for entertaining guests or relaxing after a long day. The well-appointed kitchen features sleek cabinetry, stainless steel appliances, and ample storage space, making meal preparation a breeze.

Both bedrooms are generously sized, offering comfortable retreats for rest and relaxation. The master bedroom includes a private ensuite and large walk-in wardrobe, while the second bedroom is serviced by a central bathroom, complete with a luxurious bathtub.

Enjoy the convenience of secure undercover parking for one vehicle, as well as access to additional amenities within the complex, including a communal courtyard and gym facilities.

Located in the heart of South Melbourne, this apartment is just moments away from an array of cafes, restaurants, shops, and public transport options. With easy access to the CBD and nearby parklands, this is city living at its finest.

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Property History for 47/88 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$617,500
20 Dec 2021
Listed for Rent
$725/w
12 Jul 2024
  • 14 Jun 2024
    Listed for Rent $725 / week
  • 20 Dec 2021
    Sold for $617,500
  • 14 Dec 2021
    Listed for Sale $617,500
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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 12,852 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 31 properties listed for sale, and 33 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 476 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.