81/137-139 Gladstone Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

81/137-139 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Last updated 31 Aug 2026
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Property Details for 81/137-139 Gladstone St, South Melbourne

81/137-139 Gladstone St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Port Phillip

Last Listing description (July 2026)

Indulge in elevated apartment living with this beautifully appointed three-bedroom, two-bathroom residence, complete with a secure car space and access to world-class, hotel-inspired amenities. Set within Melbourne's highly coveted Lifestyle Precinct, this residence is designed for those who appreciate refined comfort, architectural elegance, and exceptional convenience.

This apartment showcases generous proportions and impressive ceiling heights, complemented by engineered oak flooring throughout the living and dining zones. Floor-to-ceiling, double-glazed windows flood the interiors with natural light and open onto a private 10sqm balcony-perfect for relaxed evenings or effortless entertaining.

The designer kitchen is both striking and functional, featuring porcelain bench-tops, a silver mirrored splash-back, premium stainless-steel appliances, and abundant storage. A discreet European laundry enhances everyday practicality without compromising style.

Each bedroom is thoughtfully finished with plush loop-pile carpet, built-in robes with additional fixtures, and ample storage. The bathrooms exude understated luxury, complete with tiled splash-backs and high-quality fittings for a timeless, sophisticated feel.

An exclusive highlight of this apartment is privileged access to the Horizon Lounge-a refined entertaining space reserved for select residents, offering breathtaking panoramic views across Melbourne's skyline and Port Phillip Bay. Ideal for hosting unforgettable gatherings or intimate celebrations.

Residents enjoy access to an extraordinary collection of 45 amazing amenities, delivering a true lifestyle destination at home. These include:

A comprehensive Wellness & Fitness precinct featuring a yoga studio, private treatment room, infrared sauna, cardio gym, and infinity running track

A heated rooftop lap pool and magnesium spa for relaxation and rejuvenation

Rooftop dining pavilions and outdoor entertaining areas with sweeping city views

Executive working lounges, co-working spaces, and private work zones designed for productivity

24/7 concierge and security services ensuring comfort, safety, and peace of mind

Direct lift access to the ground-floor Coles Local supermarket for ultimate convenience

With construction due for completion by the end of 2026, buyers can take advantage of substantial stamp duty savings available now, making this an exceptional opportunity for owner-occupiers and investors alike.

This is contemporary luxury redefined-where lifestyle, location, and design come together effortlessly in one of Melbourne's most vibrant precincts.

Note: All due diligence has been taken to represent the property in an ethical and strong manner.

Property History for 81/137-139 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
  • 23 Jan 2026
    Listed for Sale $1,850,000 Stunning one of a kind Luxury
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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 13,054 properties. Over the last 5 years, Houses in South Melbourne have seen a -5.62% decrease in median value, while Units have seen a 2.09% increase. As at 31 August 2026:

  • The median value for Houses in South Melbourne is $1,687,888 while the median value for Units is $636,972.
  • Houses have a median rent of $825 while Units have a median rent of $680.
There are currently 28 properties listed for sale, and 48 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.