501/39 Park StreetSouth Melbourne VIC 3205
Property Details for 501/39 Park St, South Melbourne
501/39 Park St, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2022. The property has a land size of 1258m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
Last Listing description (February 2023)
Right in the heart of South Melbourne and within easy reach to many of Melbournes most iconic landmarks, including public transports, parks, shopping and schools, Park Residences, just completed in early 2022, definitely attracts many Melbournians for its Manhattan-style high class modern living.
This lovely one bedroom plus study apartment offers open plan living, modern kitchen with stone island bench and fully equipped with stainless steel Euro appliances, one bedroom with BIR, study nook/home office, a stylish bathroom with Euro laundry and own private balcony for entertaining.
The luxury new tower also includes a series of facilities, such as a striking foyer, five star on call service from Concierge Desk and spa.
Designed by highly regarded CHT Architects and developed by Milbex, Park Residences is a new landmark residential tower in this fantastic location of one of the most prestigious suburbs, South Melbourne.
**Photos are for advertising purposes only**
**Bond is one month rental**
Property History for 501/39 Park St, South Melbourne, VIC 3205
- 09 Nov 2022Listed for Rent $500 / week
- 29 Mar 2022Listed for Rent $400 / week
- 01 Apr 2018Sold for $460,000
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0About 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 12,923 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:
- The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
- Houses have a median rent of $825 while Units have a median rent of $675.
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