708/39 Park Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

708/39 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 1258m2
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Property Details for 708/39 Park St, South Melbourne

708/39 Park St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 1258m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Land Size
1258m2
Local Government
Port Phillip
Lot/Plan
708/PS818660

Last Listing description (June 2022)

Park Ave is located in South Melbourne, within close proximity to the Royal Botanic Gardens, Albert Park and the Melbourne CBD. The 20 story, mixed-use development features a 132 apartments over the tower section and hotel throughout the 5 story podium, and 2 large retail spaces fronting Park Street. Designed by CHT Architects, the tower features an all glass faade, maximizing views and natural lighting to each apartment, adding a spacious element to each unique layout: -
The luxurious interior features: -
- Stone bench tops

- Timber flooring
- Miele appliances
- Master bedroom w/ Ensuite
- Split-system in each bedroom and a third in family room.
- Integrated dishwasher
- Storage cage & Garage Carspace (car-stacker)

Also featuring a Wellness Centre, including Gym, Sauna, Spa and Massage Area.

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Property History for 708/39 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$720,000
04 Mar 2020
Listed for Rent
$610/w
28 Jun 2022
  • 11 May 2022
    Listed for Rent $610 / week
  • 04 Mar 2020
    Sold for $720,000
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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 12,878 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.10% increase in median value, while Units have seen a 5.96% increase. As at 31 January 2026:

  • The median value for Houses in South Melbourne is $1,777,710 while the median value for Units is $634,357.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 37 properties listed for sale, and 24 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.