420/85 Market StreetSouth Melbourne VIC 3205
Property Details for 420/85 Market St, South Melbourne
420/85 Market St, South Melbourne is a 0 bedroom, 0 bathroom Unit and was built in 2017. The property has a floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 0 bedroom Unit sold in South Melbourne in the last 12 months.
Last Listing description (March 2024)
From this super convenient location, you will be popping down to the iconic South Melbourne Market to buy the best of produce to then come back and entertain on this apartment's fabulous terrace measuring 32sqm.
Walking is the go as well and whilst you have a car space on title, you will be saying "leave the car at home" with public transport moments away.
This 2 bedroom, 2 bathroom apartment offers modern light filled living and is the ideal opportunity for a first home buyer, city "bolt-hole" buyer or astute investor. This high rental demand location is ideal for permanent or short stays.
Further, this affordable opportunity features secure off-street parking and storage, full security access, air-conditioning, double-glazed windows and communal entertaining spaces.
An inspection is sure to impress.
Property History for 420/85 Market St, South Melbourne, VIC 3205
- 17 Feb 2024Sold for $710,000
- 24 Jan 2024Listed for Sale Contact Agent
- 30 Jun 2020Listed for Rent - Price not available
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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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