SOLD
Sold on 23 Oct 2023 for $425,000

515/52 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 1030m2
Sold By
Jellis Craig Port Phillip
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Property Details for 515/52 Park St, South Melbourne

515/52 Park St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 1030m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
56m2
Land Size
1030m2
Local Government
Port Phillip
Lot/Plan
515/PS647024

Last Listing description (April 2024)

Underpinned by the allure of Melbourne's iconic inner-city soul, this two-bedroom apartment epitomises modern lifestyle living, situated a heartbeat from Albert Park Lake, the Royal Botanic Gardens, dynamic Clarendon Street, and St Kilda Road.

Ideal for busy owner-occupiers, investors, and regional visitors requiring a convenient city base, the apartment's open plan living area offers space to relax, dine, and test out your culinary skills in its sleek kitchen, whilst a private balcony with urban views is the perfect spot to watch the world go by. Revelling in city views and twinkling lights, the building's rooftop terrace creates a spectacular setting for entertaining guests, complete with BBQ amenities, an adjoining lounge with a fireplace, and an additional dining room to take your feast up a level.

A central bathroom with European laundry services two double bedrooms with built-in robes, whilst additional features include a gas cooktop, reverse cycle air conditioning, a gymnasium, secure entry, lift access, storage cage and secure undercover parking. Within a 10-minute tram ride to the CBD, walking distance to some of Melbourne's famous sporting and arts venues, Southbank Boulevard, the Yarra, beautiful gardens and MSAC. Closer to home, soak up the atmosphere at popular gastropubs, renowned cafes, and the shopping precinct around South Melbourne Market.

Property History for 515/52 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$425,000
23 Oct 2023
Listed for Rent
$415/w
02 Feb 2021
  • 23 Oct 2023
    Sold for $425,000
  • 22 Aug 2023
    Listed for Sale $400,000 - $440,000
  • 24 Nov 2020
    Listed for Rent $415 / 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 11,216 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.
There are currently 37 properties listed for sale, and 43 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 441 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.