612/85 Market 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 August 2025. There are other 2 bedroom Apartment sold in South Melbourne in the last 12 months.
Feel at home in this bright updated designer apartment in one of Melbourne’s most sought-after locations. The stylish two bedroom home comprises beautiful timber floors, spacious living area, split system air-conditioning, state of the art kitchen with stainless steel appliances including integrated dishwasher, gas cooking, stone bench tops, breakfast bar, mirrored splash-backs, sparkling bathroom with walk-in shower, separate euro laundry, bedrooms with built-in robes - main with ensuite including walk-in shower- open plan living with private entertainer’s terrace. Situated in the stylish Teri complex on the edge of the CBD, with its grand proportions and heritage post office history, this residence is accessed through a security entrance with intercom, lift access from the lobby, secure basement parking and storage cage. Add the convenience of a communal BBQ and alfresco area on the seventh floor with fantastic CBD views and you have it all. Located minutes from the iconic South Melbourne Market, supermarkets, Clarendon Street boutique shopping strip, trams and light rail options, cafes, restaurants, pubs, and bars are all the short walk away. This beautiful apartment is a must see for first home buyers and savvy investors alike.
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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 12,873 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:
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