309/85 Market StreetSouth Melbourne VIC 3205
Property Details for 309/85 Market St, South Melbourne
309/85 Market St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.
Last Listing description (November 2023)
On the doorstep of South Melbourne Market, Clarendon Street trams, shopping and dining, and Crown's Entertainment precinct, this contemporary prize delivers sun-soaked style and ease with sensational northern urban outlooks.
Placed within the esteemed Teri apartment complex, it emphasises a low-key inner-city lifestyle, with open-plan living/dining extending seamlessly to a private balcony perfect for relaxed entertaining. Floor-to-ceiling glazing highlights the sun-drenched aspect, evident within the two spacious bedrooms with built-in robes and a stylish living/dining area.
Every detail has been thoughtfully designed for the ultimate in practicality and style, with a bright, fully-tiled hotel-style bathroom, a cleverly integrated European laundry, and a sleek, gourmet kitchen with stone benchtop and premium Smeg appliances, including a dishwasher, oven, and gas cooktop.
Enjoying sublime sunsets over the Melbourne skyline from the rooftop terrace with BBQ and entertaining areas, and offering an enviable entry or investment opportunity in a high-growth trendy setting, it is complete with split system heating and cooling, intercom access, double glazing, secure car space, and a storage cage.
Property History for 309/85 Market St, South Melbourne, VIC 3205
- 11 Nov 2023Sold for $610,000
- 20 Oct 2023Listed for Sale Auction Saturday 11th November, 1:30pm
- 20 Jul 2014Sold for $610,000
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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 11,214 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.
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