612/85 Market Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

612/85 Market Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 69m2
Land area: 3417m2
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Property Details for 612/85 Market St, South Melbourne

612/85 Market St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 3417m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in August 2025.

Building Type
Unit
Year Built
2017
Floor Size
69m2
Land Size
3417m2
Local Government
Port Phillip
Lot/Plan
612/PS721500

Last Listing description (August 2025)

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.

All enquiries require a telephone number.


Juanita Kelly - 0419 589 724

Property History for 612/85 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$525,000
23 Aug 2025
Listed for Rent
$630/w
01 Jul 2025
  • 23 Aug 2025
    Sold for $525,000
  • 30 Jul 2025
    Listed for Sale $500,000 - $525,000
  • 12 Jun 2025
    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 12,939 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 29 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 490 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.