709/85 Market Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

709/85 Market Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 3417m2
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Property Details for 709/85 Market St, South Melbourne

709/85 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 54m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
2017
Floor Size
54m2
Land Size
3417m2
Local Government
Port Phillip
Lot/Plan
709/PS721500

Last Listing description (October 2026)

This stylish apartment in the renowned Teri complex blends modern design with the charm of South Melbourne's iconic neighbourhood. Offering an open-plan layout, premium finishes and effortless indooroutdoor living, it's the ideal inner-city home for those seeking comfort, convenience and a vibrant lifestyle. Just moments from cafs, boutiques, public transport and the South Melbourne Market, this apartment delivers the very best of urban living.Features: Two spacious bedrooms with built-in robes Light-filled open-plan living and dining area Floorboards in the living zone + new carpets being installed in bedrooms Modern kitchen with gas cooking, dishwasher and ample storage Private entertainer's balcony Stylish central bathroom Euro laundry Ducted heating and cooling Secure undercover car space Intercom & security entrance Access to communal BBQ and alfresco areaBOOK AN INSPECTIONTo book an inspection time for any of our available rental properties, simply click on Virtual Tour link or the Email Agent link. By registering for an inspection, you will be instantly informed of any updates, changes, or cancellations to your appointment.IMPORTANT PLEASE NOTEOpen for inspection times & property availability are subject to change or cancellation without notice. By registering your details, you will be INSTANTLY informed of any updates, changes, or cancellations for your property appointments.

Property History for 709/85 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$500,000
04 Aug 2022
Listed for Rent
$410/w
21 Dec 2021
  • 06 Oct 2026
    Listed for Rent $685 / week
  • 02 Dec 2025
    Listed for Rent $685 / week
  • 07 Aug 2024
    Listed for Rent $650 / 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 13,057 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.67% decrease in median value, while Units have seen a -0.38% decrease. As at 30 September 2026:

  • The median value for Houses in South Melbourne is $1,711,161 while the median value for Units is $619,896.
  • Houses have a median rent of $825 while Units have a median rent of $680.
There are currently 33 properties listed for sale, and 38 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 471 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.