516/52 Park St, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2014. While the property is not currently for sale or for rent, it was last sold in June 2015.
Located in the chic ESSENCE apartment complex, this one bedroom apartment boasts amazing city views, stainless steel appliances, intercom, dishwasher and heating/cooling and is well furnished with microwave, fridge, dishwasher, double bed, couch, TV and washing machine.
ESSENCE apartment building is also loaded with features such as cinema, rooftop BBQ, gym, dining room and rooftop lounge with fireplace and terrace while being in a prime South Melbourne location moments away from Domain Interchange, Albert Park Lake and Royal Botanic Gardens. Walking distance to cafes, restaurants and even a supermarket right under the apartment building.
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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