614/85 Market Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

614/85 Market Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 3417m2
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Property Details for 614/85 Market St, South Melbourne

614/85 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 52m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
2017
Floor Size
52m2
Land Size
3417m2
Local Government
Port Phillip
Lot/Plan
614/PS721500

Last Listing description (July 2021)

Teri is an exemplary 5-star resort-like building in a prime locale offering exceptional value and quality living. This awesome apartment is just around the corner from the famed South Melbourne Market and only minutes from Southbank and the Melbourne CBD. As a lifestyle location, this is one that has it all: theatres, restaurants, cafs, public transport, beaches and parks and more. Inside, the apartment is awesome. Its highlights include a stunning stainless and stone kitchen with massive bench housing a stylish under slung stainless steel sink, spacious and light-filled living area, 2 bedrooms with built-in wardrobes featuring mirror doors, designer inspired bathroom and subtle extras such as European style laundry, double glazing, split air conditioner and private balcony accessed from the living area via a large double glazed door. Theres also allocated basement parking with storage cage, secure building entry and everything else to make this the perfect address to live or invest in.

Book your exclusive use of the level 7 Teri Oasis with full access to BBQ, kitchen, fire pit, and seating. Commanding sweeping city skyline views, its a true urban experience.

Property History for 614/85 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$515,000
07 Mar 2020
Listed for Rent
$520/w
09 Aug 2019
  • 07 Mar 2020
    Sold for $515,000
  • 03 Sep 2019
    Listed for Sale $540,000 - $570,000
  • 05 Aug 2019
    Listed for Rent $520 / week
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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 12,940 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 31 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 483 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.