SOLD
RECENT ADVICE
Sold on 19 Jan 2024 for $445,000

1315/52 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1315/52 Park St, South Melbourne

1315/52 Park 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 January 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
1315/PS647024

Last Listing description (January 2024)

Designed by Elenberg Fraser, this delightful 2 bedroom apartment in the exclusive Essence building is sure to please. Nestled in one of South Melbourne's most desirable locations overlooking Port Philip Bay, the apartment offers the best of low maintenance living.
Essence comprises exceptional facilities set on the 13th floor, perfect for the busy professional. Residents of the building enjoy the private dining room with full kitchen facilities, well equipped gym, cinema room and expansive entertainers deck with breathtaking views. Finished to the up most standard providing for the perfect inner city lifestyle, Warm neutral tones throughout the bedroom and living area complement clean and minimal surfaces. The kitchen offers beautifully fitted cabinetry with marble bench tops and mirrored splash-backs and SMEG appliances including integrated dishwasher. Main living area with full length balcony opens to district, Albert Park and Bay views. Luxurious fully tiled bathroom with large shower. European laundry, storage cage and 1 secure, basement car park (free standing) also included.
Conveniently located walking distance to the Royal Botanic gardens, South Melbourne Market and Albert Park Lake with easy access to trams and trains via Domain Interchange.

Property History for 1315/52 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$445,000
19 Jan 2024
Listed for Rent
$450/w
22 Jul 2016
  • 16 Jan 2024
    Sold for $445,000
  • 15 Aug 2023
    Listed for Sale Open To Offer
  • 11 Jul 2016
    Listed for Rent $450 / week
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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 11,216 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, 441 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.