OFF MARKET

311/85 Market Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 3437m2
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Property Details for 311/85 Market St, South Melbourne

311/85 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 3437m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in August 2014.

Building Type
Unit
Year Built
2017
Floor Size
55m2
Land Size
3437m2
Local Government
Port Phillip
Lot/Plan
311/PS721500

Last Listing description (October 2024)

This modern apartment is perfectly located in the heart of South Melbourne and all it has to offer. With cafes, restaurants, public transport and the South Melbourne Market all at your door step, it is sure to impress.

Comprising two spacious bedrooms both with mirrored built in wardrobes, a state of the art kitchen fitted out with Smeg appliances, one modern and sparkling bathroom, European laundry, all this opening up to a spacious living area and large balcony.

Other features include split system heating and cooling, dishwasher, intercom, security entrance and undercover parking for one car. The highly sought after Teri complex also provides residents with a communal oasis with BBQ, fire pit and alfresco area.

This one won't last long!

Property History for 311/85 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$490,000
19 Aug 2014
Listed for Rent
$600/w
10 Oct 2024
  • 11 Sep 2024
    Listed for Rent $600 / week
  • 22 Sep 2020
    Listed for Rent $430 / week
  • 12 Aug 2019
    Listed for Rent - Price not available
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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 2011 was 9,317 people. By 2016 the population was 10,892 showing a population growth of 16.9% 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 $1800 - $2399 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation. In 2011, 44.8% of the homes in South Melbourne were owner-occupied compared with 40.2% in 2016.

South Melbourne has 11,173 properties. Over the last 5 years, Houses in South Melbourne have seen a 9.87% increase in median value, while Units have seen a 2.12% increase. As at 31 October 2024:

  • The median value for Houses in South Melbourne is $1,619,416 while the median value for Units is $605,499.
  • Houses have a median rent of $700 while Units have a median rent of $625.
There are currently 34 properties listed for sale, and 55 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 414 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.