SOLD
Sold on 20 Feb 2024 for $320,000

603/52 Park Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 40m2
Sold By
Belle Property Albert Park
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Property Details for 603/52 Park St, South Melbourne

603/52 Park St, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
40m2
Local Government
Port Phillip
Lot/Plan
603/PS647024

Last Listing description (March 2024)

Offering a coveted inner-city lifestyle, this superb one-bedroom executive apartment is set upon level six of the chic Essence complex. It boasts a bright functional floorplan with stylish contemporary interiors and a north facing alfresco area enjoying district views.

Location is central being walking distance to the Domain Interchange and close to the Royal Botanic Gardens, Albert Park Lake and Clarendon Street cafes. The tiled entry leads into living and dining area, filled with light through a wall of windows. A sliding glass door opens onto the covered balcony with space for an outdoor setting and northerly views to Eureka Tower. The sleek integrated gas kitchen has marble benchtops and Smeg fixtures including a dishwasher.
Further on is a double bedroom with built-ins and a pristine bathroom with a rain shower. Features include a European laundry, split system air-conditioning, a secure car space and a storage cage. The building also provides video intercom, lift access, a gym as well as a rooftop deck with a BBQ, lounge and dining area.

Property History for 603/52 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$320,000
20 Feb 2024
Listed for Rent
$395/w
18 Dec 2014
  • 20 Feb 2024
    Sold for $320,000
  • 05 Feb 2024
    Listed for Sale Not Disclosed
  • 24 Feb 2021
    Sold for $335,000
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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 11,216 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.