SOLD
Sold on 09 Aug 2024 for $570,000

7/21-27 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 813m2
Sold By
Buxton St Kilda
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Property Details for 7/21-27 Park St, South Melbourne

7/21-27 Park St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 813m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
73m2
Land Size
813m2
Local Government
Port Phillip
Lot/Plan
7/PS412103

Last Listing description (August 2024)

Freshly painted with new flooring, this two-bedroom apartment presents a flawless display of modern design and urban convenience making for the perfect city base. Located on the second floor of a secure block, the open plan living/dining area is sleek and spacious leading out to an attractive city facing balcony. Generously sized and in keeping with the modern floorplan, the kitchen boasts ample cabinetry, stainless steel appliances including dishwasher, with adjoining laundry facilities. Two generously sized carpeted bedrooms share a central bathroom complete with spa bath and feature an abundance of storage with the main granted access to its own walk-in robe. Additional features include security entry, split system heating/cooling (with additional panelled heating in bedrooms) and secure car space (not a stacker).
Take a stroll around the Royal Botanic Gardens or Albert Park Lake, followed by a trip to the Shrine of Remembrance and finish the day with a visit to some of Melbourne's most famed eateries; the best of South Melbourne is waiting.

Property History for 7/21-27 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$570,000
09 Aug 2024
Listed for Rent
29 Jan 2022
  • 09 Aug 2024
    Sold for $570,000
  • 03 Jul 2024
    Listed for Sale Private Sale: $550,000 - $590,000
  • 12 Jan 2022
    Listed for Rent $370 / 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 11,164 properties. Over the last 5 years, Houses in South Melbourne have seen a 9.87% increase in median value, while Units have seen a 2.12% increase. As at 31 October 2024:

  • The median value for Houses in South Melbourne is $1,619,416 while the median value for Units is $605,499.
  • Houses have a median rent of $700 while Units have a median rent of $625.
There are currently 51 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 407 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.