706/39 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

706/39 Park Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 1258m2
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Last updated 18 May 2026
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Property Details for 706/39 Park St, South Melbourne

706/39 Park St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2021. The property has a land size of 1258m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2021
Floor Size
82m2
Land Size
1258m2
Local Government
Port Phillip
Lot/Plan
706/PS818660

Last Listing description (May 2026)

Set high on the seventh floor of a contemporary complex, this spacious three bedroom apartment delivers a refined lifestyle with quality finishes throughout. The open plan living and dining area is anchored by a sleek kitchen featuring stone benchtops and stainless steel appliances, flowing effortlessly to a generous balcony ideal for relaxing or entertaining.All three bedrooms are well proportioned and include built in robes, with the main bedroom complemented by a private ensuite. A stylish central bathroom services the additional bedrooms, while a thoughtfully designed layout offers excellent separation, good storage and everyday ease. Residents enjoy access to premium on site amenities, including a lounge, fully equipped gym and a wellness area with spa and sauna. Ideally positioned close to local cafes, parklands, public transport and the CBD, this is a home that combines comfort with convenience.

Property History for 706/39 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$845,000
05 Jun 2021
  • 06 May 2026
    Listed for Sale Private Sale: $780,000 - $830,000
  • 26 Mar 2025
    Listed for Rent $910 / week
  • 02 Feb 2024
    Listed for Rent $890 / week
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About South Melbourne 3205

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:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 35 properties listed for sale, and 32 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 476 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.