522/85 Market Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

522/85 Market Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 3417m2
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Property Details for 522/85 Market St, South Melbourne

522/85 Market St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 3417m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
2017
Floor Size
59m2
Land Size
3417m2
Local Government
Port Phillip
Lot/Plan
522/PS721500

Last Listing description (October 2024)

With expansive views and light pouring into this amazing residence, savour the ambience of this beautifully maintained designer apartment in one of Melbourne?s most iconic locations. The stylish home comprises spacious living area with air conditioning, state of the art kitchen with Smeg appliances including integrated dishwasher, gas-cooking, stone bench-tops, stone splashbacks, sparkling, fully tiled bathroom with walk-in shower and toilet, euro-laundry, bedroom with mirrored built-in robes and a living room with quality timber floors and a private, sunny entertainers? terrace.

Situated in the stylish Teri complex on the edge of the CBD, with its grand proportions and heritage Post Office history, this quality apartment is accessed through a security entrance, with intercom, lift access from the lobby and secure basement parking and storage cage. Add the convenience of communal BBQs and alfresco area on the seventh floor with fantastic CBD views and you have it all.

Immerse yourself in the village atmosphere with the iconic South Melbourne Market, Supermarkets, Clarendon Street boutique shopping strip, trams and light rail options, inviting cafes, gorgeous restaurants, pubs and bars are a short walk away.

This is a perfect first home or investment for the savvy buyer.

All enquiries require a telephone number.

Property History for 522/85 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$550,000
25 Jul 2024
Listed for Rent
$470/w
06 Apr 2022
  • 25 Jul 2024
    Sold for $550,000
  • 08 May 2024
    Listed for Sale $550,000 - $575,000
  • 06 Apr 2022
    Listed for Rent - Price not available
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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 12,931 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.88% decrease in median value, while Units have seen a -0.82% decrease. As at 31 July 2026:

  • The median value for Houses in South Melbourne is $1,699,133 while the median value for Units is $613,169.
  • Houses have a median rent of $850 while Units have a median rent of $675.
There are currently 30 properties listed for sale, and 43 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 466 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.