41/88 Park StreetSouth Melbourne VIC 3205
Property Details for 41/88 Park St, South Melbourne
41/88 Park St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (November 2016)
Boasting old style design with large living area, spacious bedrooms, with built-in-robes and walk-in-robe to main, all within walking distance to the heart of Melbourne Central Business District.
A large open plan living and dining area maximise the use of space effectively. The kitchen, dining and living areas work well together due to this open design not often seen in modern day high rise apartment buildings.
A good size bathroom, separate toilet and separate laundry give you a real sense of room representative of a bye-gone era.
Features:
Air conditioning
Balcony
Secure undercover carpark
Direct access to Public Transport
Walking distance to The Botanic Gardens
Easy access to supermarkets, cafes, restaurants
Property History for 41/88 Park St, South Melbourne, VIC 3205
- 08 Jul 2021Sold for $612,500
- 11 May 2016Sold for $515,000
- 05 May 2016Listed for Sale $525,000
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0About 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 11,216 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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