OFF MARKET

3/238 Ferrars Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 89m2
Land area: 287m2
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Property Details for 3/238 Ferrars St, South Melbourne

3/238 Ferrars St, South Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 287m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2015
Floor Size
89m2
Land Size
287m2
Local Government
Port Phillip
Lot/Plan
5/PS725432

Last Listing description (November 2021)

Combining the evocative charm of its former hat factory origins with sensational designer style, this boutique town residence offers an unbeatable location- only a stone's throw away from the iconic South Melbourne market, walking distance to St Vincent Gardens, Albert Park Village, Port Melbourne Beach and the light rail which conveniently takes you into the heart of the CBD in 6 minutes. Set securely back from the street at the rear of the property, this one of only four luxury townhouses boasts oak floors in the entrance hall that leads to two plush bedrooms featuring generous built-in robes and are illuminated by a central light-well. The luxurious bathroom is stylishly tiled with timber accents. Original rafters, a rustic brick factory wall and feature windows frame contemporary living spaces, including first-floor lounge flowing to a huge open-plan casual living/dining featuring pristine Miele kitchen with sleek cabinetry and stone benchtops. Ascend the balcony staircase to an impressive rooftop terrace that is truly an entertainer's delight. With breathtaking views of the city skyline, this generous space is your own private inner-city paradise.
Further features include impeccably appointed security intercom, ample storage, ducted heating/cooling, Euro-laundry, store-room and secure undercover parking.

Property History for 3/238 Ferrars St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,180,000
17 Nov 2021
  • 17 Nov 2021
    Sold for $1,180,000
  • 27 Oct 2021
    Listed for Sale Contact Agent
  • 20 Jun 2015
    Sold for $900,000
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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 11,212 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 48 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 430 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.