504/39 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

504/39 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 1258m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 13 Jul 2026
Low

High
Save

Property Details for 504/39 Park St, South Melbourne

504/39 Park St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 1258m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Land Size
1258m2
Local Government
Port Phillip
Lot/Plan
504/PS818660

Last Listing description (August 2025)

Bordering on Melbourne's central business district, South Melbourne is one of the city'slongest-standing and most storied suburbs. The historic precinct has been revitalised froman industrial zone into a beacon of contemporary urban culture. Park Ave positions you atthe premium end of urban choice. For everyday needs, you've got numerous options forsupermarkets, banks and post offices - all less than a kilometre away.On offer is a spacious and luxury two bedrooms apartment, featuring a host of qualityfeatures including Smeg/Miele kitchen appliances, stone bench tops and splash backs, andsplit system heating/cooling. Park Ave also provides a lounge, spa and wellness area, as wellas a five-star concierge service encompassing everything from dry cleaning, parcel collectionand supermarket storage to transportation and dining reservations.Don't miss this rare opportunity to secure your dream inner-city lifestyle.

****CLICK ON ROOM TUOR VIDEO***https://drive.google.com/file/d/1iWYAmScfdiQPM6UUn_XJfDjcEAd45x9k/view?usp=drive_link*Please click "Get in touch" on realestate.com.au for inquiries or inspection.
*We recommend you to submit your application as soon as possible, please click the"Apply" button on our realestate.com.au advertising.*This property is unfurnished.

Property History for 504/39 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$614,500
04 Mar 2020
Listed for Rent
01 Jul 2025
  • 30 Jun 2025
    Listed for Rent $670 / week
  • 15 May 2024
    Listed for Rent $620 / week
  • 05 Apr 2022
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 12,923 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.
There are currently 34 properties listed for sale, and 38 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 459 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.