OFF MARKET

324/85 Market Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 54m2
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Property Details for 324/85 Market St, South Melbourne

324/85 Market St, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2017. The property has a floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
Unit
Year Built
2017
Floor Size
54m2
Local Government
Port Phillip
Lot/Plan
324/PS721500

Last Listing description (May 2022)

This stylish apartment is perfectly located in the heart of South Melbourne. With the South Melbourne Market, cafes, restaurants and public transport all at your fingertips, this apartment really has it all. Comprising a state of the art kitchen fitted out with Smeg appliances, a modern and sparkling bathroom, European laundry, all opening up to a spacious living area and a large balcony perfect for entertaining.

Other features include split system heating and cooling, dishwasher, intercom and security entrance. The complex also provides residents with a communal oasis with BBQ, fire pit and alfresco area. With so much at your doorstep, this apartment is sure to impress!






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Property History for 324/85 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$410,000
14 Jan 2016
Listed for Rent
$360/w
27 Apr 2022
  • 27 Apr 2022
    Listed for Rent - Price not available
  • 14 May 2020
    Listed for Rent $340 / week
  • 26 Apr 2019
    Listed for Rent $380 / 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 11,165 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 52 properties listed for sale, and 54 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 406 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.