SOLD
Sold on 01 Jun 2024 for $880,000

40A Napier Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 94m2
Land area: 2326m2
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Property Details for 40a Napier St, South Melbourne

40a Napier St, South Melbourne is a 2 bedroom, 2 bathroom Townhouse and was built in 1976. The property has a land size of 2326m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Townhouse sold in South Melbourne in the last 12 months.

Building Type
Townhouse
Year Built
1976
Floor Size
94m2
Land Size
2326m2
Local Government
Port Phillip
Lot/Plan
99/RP7078

Last Listing description (July 2024)

Cleverly designed by Daryl Jackson and Evan Walker in the 1970s, this dual-level apartment situated within the vibrant 'City Edge' precinct is certain to leave a lasting impression. Designed with a focus on space and durability, you are greeted by an expansive open-plan living and dining area bathed in natural northern sunlight. Step onto the private balcony, enveloped in lush greenery and secluded by a bamboo screen adorned with a thriving passionfruit vine, creating a private oasis.

The heart of the home has been meticulously renovated, boasting high-end appliances, including a self-cleaning oven, complemented by a stunning Caesarstone island bench with soft-closing drawers. Indulge in the ample pantry space, discreetly tucked away behind stylish timber doors, offering six pull-out drawers and appliance shelving for effortless organization.

Upstairs, discover two generously sized bedrooms drenched in sunlight, each featuring built-in robes for added convenience. The main bedroom delights with a sky-lit ensuite, while the second bedroom offers glimpses of the cityscape, adding urban charm to the space.

A glistening central bathroom, with room for laundry facilities and a bathtub to unwind. There is no shortage of storage with a convenient storage cage at the front of the apartment, a linen closet, space hidden beneath the stairs, and above the front door. Additional features include a study nook, split system heating and cooling for year-round comfort, newly carpeted flooring, and fresh paint, enhancing the sense of spaciousness and airiness throughout.

Conveniently located near Clarendon Street, MSAC, and Albert Park Lake, with the South Melbourne Market just a short walk away, this apartment offers easy access to local amenities and a comfortable lifestyle in a bustling neighborhood.

Property History for 40a Napier St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$880,000
01 Jun 2024
  • 01 Jun 2024
    Sold for $880,000
  • 09 May 2024
    Listed for Sale $880,000
  • 16 Apr 2016
    Sold for $692,000
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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 11,165 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.