OFF MARKET

712/85 Market Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 110m2
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Property Details for 712/85 Market St, South Melbourne

712/85 Market St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2017. The property has a floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in September 2014.

Building Type
Unit
Year Built
2017
Floor Size
110m2
Local Government
Port Phillip
Lot/Plan
712/PS721500

Last Listing description (January 2023)

Positioned perfectly between the fabulous South Melbourne Market and the many restaurants, cafes and shops on Clarendon Street sits this large and bright brand new two bedroom sub-penthouse apartment.

An abundance of natural light fills the kitchen, living and meals area through the floor to ceiling windows, overlooking the massive balcony with sweeping views across Melbourne and the bay. A double oven and sink allows you to entertain all of your guests in the spacious and stunning kitchen with butlers pantry, stainless steel Smeg appliances and marble benchtops.

The bedrooms, each with built in robes are carpeted and well proportioned, the main with ensuite and double sink, a second bathroom (both fully tiled to ceiling) add to the cleverly designed layout.

Separate laundry, ducted heating and cooling, roller blinds, intercom, downlights, double glazing and two car spaces add to the list of amazing features of this substantial sub-penthouse that will be sure to please.

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Property History for 712/85 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,300,000
16 Sep 2014
Listed for Rent
02 Mar 2021
  • 24 Feb 2021
    Listed for Rent $800 / week
  • 30 Jan 2020
    Listed for Rent $850 / year
  • 15 Feb 2018
    Listed for Rent - Price not available
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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 11,165 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 52 properties listed for sale, and 54 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 406 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.