FOR SALE

316 Ferrars Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 55m2
Land area: 184m2
This property is currently on the market
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Property Details for 316 Ferrars St, South Melbourne

316 Ferrars St, South Melbourne is a 2 bedroom, 2 bathroom House and was built in 1880. The property has a land size of 184m2 and floor size of 55m2.This Property is currently listed for sale with Ray White Eltham

Building Type
House
Year Built
1880
Floor Size
55m2
Land Size
184m2
Local Government
Port Phillip
Lot/Plan
1/PS800791

Last Listing description (October 2024)

Transformed by a quality renovation with carefully considered attention to detail, this beautifully appointed single-fronted solid-brick home provides an idyllic lifestyle haven in one of South Melbourne's most desired pockets.

Contemporary updates merge seamlessly with classic charm and beautifully preserved character in a deceptively spacious interior that brims with natural light, thanks to its crisp white walls, fresh dcor and 3.3 m ceilings (approx). Behind the sleek faade, the traditional floor plan introduces a hallway opening to a bedroom and a separate lounge before reaching an open plan living-meals.

Anchored by a streamlined kitchen featuring timber finishes and stainless-steel appliances against a subway-tiled backdrop, it is complemented by a generous courtyard of easy-to-maintain, no-mow turf, the perfect space to relax or entertain.

First-floor spaces introduce a second spacious bedroom with the convenience of a luxury ensuite.

South Melbourne Market, Clarendon Street, St Vincent Gardens, Albert Park Village, the open spaces of Albert Park Lake and the light rail station for a quick and stress-free trip into the CBD are all within an easy walk.

THINGS WE THINK YOU'LL LOVE:

Walking to just about everywhere, including the iconic South Melbourne Market.
Relaxing times with friends and family in a courtyard that's big on entertaining and small on maintaining.
There's absolutely nothing for you to do, so you can enjoy the location and the lifestyle from the minute you move in!
Why would you drive the car into town with the light rail station just 400 m away?
Two bedrooms and two bathrooms. It's the perfect set-up for harmonious living.

Rental Appraisal (approx)
$950 - $1,150 per week

For more rental advice please contact:

Bridie Lordan 0477 976 824
bridie.lordan@raywhite.com

Property History for 316 Ferrars St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,052,000
11 Oct 2019
Listed for Rent
$550/w
15 May 2021
  • 07 Aug 2024
    Listed for Sale $890,000 - $960,000
  • 16 Mar 2020
    Listed for Rent $550 / week
  • 11 Oct 2019
    Sold for $1,052,000
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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.
There are currently 37 properties listed for sale, and 43 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 442 properties were sold in the past 12 months in South melbourne.

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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.