71/88 Park Street, South Melbourne, VIC 3205 sold on 16 May 2026 | OnTheHouse
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Sold on 16 May 2026 for $612,000

71/88 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 95m2
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Property Details for 71/88 Park St, South Melbourne

71/88 Park St, South Melbourne is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom Apartment sold in South Melbourne in the last 12 months.

Building Type
Apartment
Floor Size
95m2

Last Listing description (May 2026)

Set within a highly regarded complex, this beautifully appointed two-bedroom residence delivers a considered balance of style, space, and effortless liveability in one of Melbourne’s most tightly held locations.

A light-filled open-plan living and dining domain extends seamlessly to a substantial private balcony, offering an inviting setting for both everyday relaxation and entertaining. The well-designed kitchen is appointed with quality finishes and generous storage, complementing the home’s refined yet functional aesthetic.


Accommodation is thoughtfully zoned, with two well-proportioned bedrooms including a main suite featuring walk-in robe and ensuite, while a central bathroom services the second bedroom with ease.

Additional features include secure off-street parking and access to an impressive range of resident amenities, including an indoor swimming pool, gymnasium, tennis court, and communal BBQ facilities.

Positioned for lifestyle, the home enjoys close proximity to Albert Park Lake, the Royal Botanic Gardens, and the vibrant offerings of South Melbourne, along with the convenience and connectivity of the St Kilda Road boulevard. With trams at the doorstep and the renowned South Melbourne Market just moments away, the lifestyle on offer is both effortless and enviable.

Apartment size 95sqm

Key Features:
• Large private balcony ideal for entertaining
• Two spacious bedrooms (main with WIR & ensuite)
• Light-filled open-plan living and dining
• Well-appointed kitchen with ample storage
• Secure car space
• Access to pool, gym, tennis court & BBQ facilities
• Blue-chip lifestyle location near parklands and transport

Property History for 71/88 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$612,000
16 May 2026
  • 16 May 2026
    Sold for $612,000
  • 22 Apr 2026
    Listed for Sale $560,000 - $610,000
  • 07 Apr 1997
    Sold for $286,120
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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, 475 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Sean Rice
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Sam Paynter
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Woodards Elsternwick
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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.