SOLD
RECENT ADVICE
Sold on 25 Jul 2024 for $550,000

522/85 Market Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 522/85 Market St, South Melbourne

522/85 Market St, South Melbourne is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in South Melbourne in the last 12 months.

Building Type
Apartment
Local Government
Port Phillip
Lot/Plan
522/PS721500

Last Listing description (July 2024)

With expansive views and light pouring into this amazing residence, savour the ambience of this beautifully maintained designer apartment in one of Melbourne’s most iconic locations. The stylish home comprises spacious living area with air conditioning, state of the art kitchen with Smeg appliances including integrated dishwasher, gas-cooking, stone bench-tops, stone splashbacks, sparkling, fully tiled bathroom with walk-in shower and toilet, euro-laundry, bedroom with mirrored built-in robes and a living room with quality timber floors and a private, sunny entertainers’ terrace.

Situated in the stylish Teri complex on the edge of the CBD, with its grand proportions and heritage Post Office history, this quality apartment is accessed through a security entrance, with intercom, lift access from the lobby and secure basement parking and storage cage. Add the convenience of communal BBQs and alfresco area on the seventh floor with fantastic CBD views and you have it all.


Immerse yourself in the village atmosphere with the iconic South Melbourne Market, Supermarkets, Clarendon Street boutique shopping strip, trams and light rail options, inviting cafes, gorgeous restaurants, pubs and bars are a short walk away.

This is a perfect first home or investment for the savvy buyer.

All enquiries require a telephone number.

Property History for 522/85 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$550,000
25 Jul 2024
Listed for Rent
$470/w
06 Apr 2022
  • 25 Jul 2024
    Sold for $550,000
  • 08 May 2024
    Listed for Sale $550,000 - $575,000
  • 06 Apr 2022
    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 11,214 properties. Over the last 5 years, Houses in South Melbourne have seen a 35.74% increase in median value, while Units have seen a 2.45% increase. As at 31 August 2024:

  • The median value for Houses in South Melbourne is $1,791,704 while the median value for Units is $597,361.
  • Houses have a median rent of $750 while Units have a median rent of $625.
There are currently 37 properties listed for sale, and 43 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 442 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Juanita Kelly
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Mark Kelly
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Woodards Elsternwick
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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.