510/85 Market St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 3437m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.
Immerse yourself in the delightful village atmosphere on offer in this bright, two-bedroom, designer apartment in one of Melbourne?s most sought-after locations. The stylish home comprises beautiful timber floors, spacious living area, split-system air conditioning, state of the art kitchen with Smeg stainless steel appliances including integrated dishwasher, stone benchtops, mirrored splashbacks, sparkling, fully tiled bathroom with walk-in shower and toilet, euro-laundry, bedrooms with mirrored built-in robes and an open plan living area complete with a sunny terrace. Situated in the stylish Teri complex on the edge of the CBD, with its grand proportions and heritage Post Office history, this quality apartment is accessed through a security entrance, with intercom, lift access from the lobby, secure basement parking and storage cage. Add the convenience of communal BBQs and alfresco area on the seventh floor with fantastic CBD views and you have it all. Perfectly located only minutes from the treasured, inner-city South Melbourne Market, Supermarkets, Clarendon Street boutique shopping strip, trams and light rail options, inviting cafes, gorgeous restaurants, pubs and bars are all a short walk away. This is a perfect first home or investment for the savvy buyer.
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:
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