OFF MARKET

3 Park Place
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 2m2
Land area: 416m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 3 Park Pl, South Melbourne

3 Park Pl, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1900. The property has a land size of 416m2 and floor size of 2m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
Unit
Year Built
1900
Floor Size
2m2
Land Size
416m2
Local Government
Port Phillip
Lot/Plan
3/PS417455

Last Listing description (June 2016)

Architecturally designed to utilize space and light, this brilliant 1 bedroom + study/2nd bedroom Victorian shop-top, loft style apartment has been perfectly crafted to evoke a sophisticated sense of New York living in the thriving heart of South Melbourne. With dual living options that incorporate a breath-taking merging of old world charm with contemporary design aesthetics, with vaulted/cathedral ceilings, this home of substance is utterly unique and memorable.
Flowing to a sunny north-facing deck, the sparkling stainless steel kitchen is superb, but it is the lounge room with towering ceilings and an upstairs retreat/2nd living or bedroom that truly differentiates this apartment from all others.
A well located bathroom includes a European laundry whilst the bedroom overlooks Park St and features clever walk-in-robes and a open fire place.

With both Clarendon St shopping and South Melbourne Market nearby further adding colour to your lifestyle, this vibrant inner-suburban position with tram options literally on your doorstep also offers convenience to the Arts Precinct and CBD.
One of a kind.
Note: Flexible zoning allows for both office use or residential occupation

Property History for 3 Park Pl, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$760,500
04 Jun 2016
  • 04 Jun 2016
    Sold for $760,500
  • 14 May 2016
    Listed for Sale MORE THAN $580,000
  • 19 Sep 2009
    Sold for $500,000
Sign in to see more transactions

Commute Calculator

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 11,163 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 48 properties listed for sale, and 56 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 412 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.