507/39 Park StreetSouth Melbourne VIC 3205
Property Details for 507/39 Park St, South Melbourne
507/39 Park St, South Melbourne is a 1 bedroom, 1 bathroom Unit. 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 2018.
Last Listing description (May 2025)
Park Aves elevated style of living is enhanced by its location, offering a stylish marriage of culture, excitement and comfort. Melbournes most iconic landmarks and must-sees are well within reach, and for those place that arent, ample public transport and main roads pave the way to explore the worlds most liveable city.
Bordering on Melbournes central business district, South Melbourne is one of the citys longest standing and most storied suburbs. The historic precinct has been revitalized from an industrial zone into a beacon of contemporary urban culture. Park Ave positions you at the premium end of urban choice. For everyday needs, youve got numerous options for supermarkets, banks and post office - all less than a kilometre away.
After an evening exploring Melbournes after-dark excitement, the surrounding parks and gardens offer a change of pace for the weekend. Park Ave is located a few hundred metres from the Kings Domain and the Royal Botanic Gardens, home to year round activities that draw crowds from all across the city. The most esteemed institutions call South Melbourne home: Mac Robertson Girls High School, Melbourne Grammar School, Melbourne Girls Grammar and Christ Church Grammar school are all conveniently accessible by tram, car, bike or by foot.
Bathed in natural light, all designed with a fluidity of movement from every vantage point. This open-living area gives your new home a spacious quality that both calms and moves, further enhanced by floor to ceiling glass windows that overlook unique and stunning views. Style your sanctuary your way, interior designs can be complete with either a light colour palette to inspire and energize, or darker tones for optimal relaxation and indulgence.
Each of our Park residence master bedrooms feature divine marble detailing throughout the ensuites, floor-to-ceiling windows, creating a panoramic views between your waking self and the worlds most liveable city.
*Photographs & Video on this advertisement may shows difference from the current conditions, views, and furniture (if applicable). Inspection is recommended*
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Property History for 507/39 Park St, South Melbourne, VIC 3205
- 05 May 2025Listed for Rent $540 / week
- 09 Feb 2023Listed for Rent $520 / week
- 29 Mar 2018Sold for $418,000
Recent sales nearby
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0About 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 12,877 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.10% increase in median value, while Units have seen a 5.96% increase. As at 31 January 2026:
- The median value for Houses in South Melbourne is $1,777,710 while the median value for Units is $634,357.
- Houses have a median rent of $725 while Units have a median rent of $650.
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