5/59 Dow St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 422m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
In a boutique warehouse conversion by celebrated architects Neo Metro, this sensational light-filled residence's expansive dimensions showcase the designer's signature style, quality and eye for detail. The result is a spectacular executive retreat just metres to Clarendon St and Park St shops and restaurants, the market, Albert Park Lake, the Domain and trams to the city. Timber parquetry floors are paired with bagged brick walls through the exceptionally generous open plan living and dining spaces that are either side of a gourmet kitchen with a movable marble bench. Featuring a roaring open fire, the living area opens through bi-fold doors to a broad decked north-facing balcony with sun awning. At the other end, stacking sliders reveal a fabulous, fitted library and home office. Enjoying views of the town hall, the upstairs main bedroom with walk in robe and designer en suite is accompanied by a second double bedroom with stylish en suite and built in robe, study / bedroom and a separate laundry. Timeless contemporary design at its finest, this stunning residence also includes security intercom, hydronic heating, air-conditioning, remote blinds, storage and basement car space.
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 12,897 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.36% increase in median value, while Units have seen a 4.53% increase. As at 31 March 2026:
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