SOLD
Sold on 21 Jun 2024 for $1,655,000

131 Napier Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 125m2
Land area: 158m2
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Property Details for 131 Napier St, South Melbourne

131 Napier St, South Melbourne is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1973. The property has a land size of 158m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in South Melbourne in the last 12 months.

Building Type
House
Year Built
1973
Floor Size
125m2
Land Size
158m2
Local Government
Port Phillip
Lot/Plan
CP100701

Last Listing description (June 2024)

An elegant blend of 1970s architecture and contemporary living features, this dual-level, three-bedroom residence, complete with two car parks and rear ROW access, offers an inviting retreat on the city fringe.

Embodying distinctive mid-century architecture fused with modern styling, this home delivers a relaxed urban ambiance the moment you walk in the door. Robust block walls polished concrete floors, exposed beams, and timber-lined vaulted ceilings provide a solid foundation for living areas that seamlessly integrate with adjoining alfresco spaces. The north-facing living room and adjacent dining area open to a serene courtyard, expanding opportunities for entertaining or unwinding, whilst the kitchen, featuring stone benchtops and premium appliances, offers the resident both versatility and functionality.

Upstairs, the newly renovated bathroom exudes style with crisp white Terrazzo tiling, the loft-style study preceding two robed bedrooms, and the third bedroom's ground-floor position meets various lifestyle requirements with convenience, comfort, and privacy. Additional amenities include a powder room, a laundry with an extra toilet, parking for two cars, and a secure carport, whilst outstanding accessibility highlights Albert Park Lake, Clarendon Street's shopping and dining precinct, South Melbourne Market, MSAC, ANZAC Station (nearing completion) and city-bound trams are within convenient walking distance.

Council approved plans available upon request.

Property History for 131 Napier St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,655,000
21 Jun 2024
  • 21 Jun 2024
    Sold for $1,655,000
  • 29 May 2024
    Listed for Sale $1,500,000 - $1,600,000
  • 28 Oct 2011
    Sold for $1,050,000
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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 11,164 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 42 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 417 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.