509/39 Park St, South Melbourne is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Apartment sold in South Melbourne in the last 12 months.
Welcome to Park Avenue, one of South Melbourne's premier new addresses, ideally situated on Park Street at the edge of Southbank. Just minutes from the Royal Botanical Gardens, the Shrine of Remembrance, and an array of vibrant local restaurants and cafes, this luxurious building offers unrivalled access to everything you need, including multiple transport options.
Residents at Park Avenue enjoy exclusive access to a stunning wellness centre, complete with a pool and cabana chairs, a serene sauna, and a state-of-the-art gym, all overseen by an on-site building manager. It's the ultimate urban lifestyle at your doorstep.
This sophisticated apartment at 39 Park Street showcases high-end finishes throughout. The well-appointed kitchen features stainless steel appliances, including a gas cooker, oven, dishwasher, and a sleek island with stone bench tops. The spacious, north-facing open-plan living area flows seamlessly to a generous balcony, offering an effortless blend of indoor and outdoor living. With ample room for a dining area, this space is designed for both relaxation and entertainment. Both of the large bedrooms come with built-in wardrobes and abundant natural light, while the master suite boasts a private ensuite. Both bathrooms are fully tiled, each equipped with a shower, basin, and toilet, delivering style and convenience.
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 12,856 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:
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