FOR SALE
For Sale $599,000

7/88 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Stylish Apartment Living in South Melbourne

This stunning 2-bedroom apartment offers a sophisticated urban lifestyle. Situated in one of Melbourne's most sought-after suburbs, this property is perfect for those seeking a modern and convenient living experience.
Step inside and be greeted by an open-plan living and dining area. The contemporary kitchen features sleek appliances and ample storage space - perfect for entertaining guests or enjoying a quiet meal at home. The two spacious bedrooms offer a peaceful retreat, while the well-appointed bathroom exudes luxury and style. With a secure car space, you'll have peace of mind knowing your vehicle is safely parked.
The highlight of the home has to be the oversized outdoor, private courtyard on title, perfect for BBQ's, alfresco events or furry friends.
Boasting an enviable position with a tram stop conveniently located at the building's entrance, and within easy reach of iconic landmarks like the Botanic Gardens, Albert Park Lake, Fawkner Park, South Melbourne Market, as well as a diverse range of cafes, restaurants, and pubs, this spacious apartment offers an impeccable inner-city lifestyle.
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Property Details for 7/88 Park St, South Melbourne

7/88 Park St, South Melbourne is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Ray White CRE.

Building Type
Apartment

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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 11,165 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 46 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 415 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Toby Campbell
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Olivia Mete
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Ray White CRE
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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.