OFF MARKET

602/138 Ferrars Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 1970m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 10 Mar 2025
Low

High
Save

Property Details for 602/138 Ferrars St, South Melbourne

602/138 Ferrars St, South Melbourne is a 3 bedroom, 2 bathroom Unit. The property has a land size of 1970m2.

Building Type
Unit
Land Size
1970m2
Local Government
Port Phillip
Lot/Plan
602/PS847286

Last Listing description (January 2025)

A development purpose-built for long term tenants. With amazing services such as parcel delivery lockers, pet care, brand new communal resident Tesla Model 3 for hire (in pilot program) and resident Electric Vehicle (EV) charging facilities, laundry services, cleaning and more all available to tenants. Plus you benefit from an on-site concierge who coordinates community functions and maintenance and whose role is to make your life easier!
The development further benefits from a gym, meeting room, resident lounge and function room.

Situated on the 9th floor and featuring a substantial air-conditioned living room with floor to ceiling windows and plenty of room for both couches and dining room table, it's rare to see a size like this in modern apartments. Take in the views across South Melbourne and the CBD. The huge adjoining balcony is perfect for alfresco dining on summer evenings. Watching the fireworks this year will be pretty special. The kitchen will satisfy any MasterChef with a huge stone island bench, ample storage, full pantry, gas cooktop and full-size dishwasher. All of the sundrenched bedrooms are a terrific size, with substantial built-in robes and the master benefits from air conditioning and an en-suite. There is a further central bathroom with divine bath, euro laundry and separate linen closets. There is a remote entry basement car park (not a stacker).

Choose a storage cage to suit your needs and optional car space

Situated opposite South Melbourne Primary school, with the light rail just around the corner and the South Melbourne Market and shopping precinct just a stroll away this is uber convenient living.

Arranging an inspection is easy!
To book a time to inspect, simply click on Book an Inspection Time or Email Agent to book instantly using our online system.
By registering, you will be INSTANTLY informed of any updates, changes or cancellations for your appointment.

Property History for 602/138 Ferrars St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Listed for Rent
$1.08k/w
18 Dec 2024
  • 06 Sep 2024
    Listed for Rent $1,075 / week
  • 19 May 2022
    Listed for Rent - Price not available

Commute Calculator

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 11,284 properties. Over the last 5 years, Houses in South Melbourne have seen a -1.21% decrease in median value, while Units have seen a -5.71% decrease. As at 28 February 2025:

  • The median value for Houses in South Melbourne is $1,631,239 while the median value for Units is $599,620.
  • Houses have a median rent of $700 while Units have a median rent of $625.
There are currently 53 properties listed for sale, and 30 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 438 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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 liability for any loss or damage arising in connection with the data and information contained in this publication.