511/52 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

511/52 Park Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
Land area: 1027m2
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Property Details for 511/52 Park St, South Melbourne

511/52 Park St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 1027m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2014
Floor Size
43m2
Land Size
1027m2
Local Government
Port Phillip
Lot/Plan
511/PS647024

Last Listing description (October 2021)

Designed by Elenberg Fraser, this 1 bedroom in the exclusive Essence development is sure to please. Nestled in one of South Melbourne's most desirable locales, overlooking Albert Park Lake, The Royal Botanical Gardens and Port Philip Bay this apartment offers the best of low maintenance living.

Essence comprises exceptional facilities, perfect for the busy professional. Set on the 5th floor, residents of the building enjoy the private dining room with full kitchen facilities, well equipped gym, cinema room and expansive entertainers deck with breathtaking views. Finished to the up most standard providing for the perfect inner city lifestyle, Warm neutral tones throughout the bedroom and living area complement clean and minimal surfaces.
Kitchen of beautifully fitted cabinetry with marble bench top and mirrored splashback, SMEG appliances including integrated dish washer. Main living area with full length balcony opens to stunning views. Luxurious fully tiled bathroom with large shower and European laundry

Conveniently located walking distance to the Royal Botanic gardens, South Melbourne Market and Albert Park Lake with easy access to trams and trains via domain interchange.

*Please note carpark system is stackers. Height, width and weight restrictions apply*

*Please note photos are indicative only.

Property History for 511/52 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$310,000
02 Nov 2022
Listed for Rent
04 Oct 2021
  • 02 Nov 2022
    Sold for $310,000
  • 20 Sep 2021
    Listed for Rent $315 / week
  • 15 May 2020
    Listed for Rent $330 / week
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About 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 12,878 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.14% increase in median value, while Units have seen a 6.21% increase. As at 31 December 2025:

  • The median value for Houses in South Melbourne is $1,743,660 while the median value for Units is $637,243.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 35 properties listed for sale, and 32 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 471 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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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.