OFF MARKET

89B Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 4353m2
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Property Details for 89b Park St, South Melbourne

89b Park St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 4353m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in February 2012.

Building Type
Unit
Year Built
1975
Floor Size
78m2
Land Size
4353m2
Local Government
Port Phillip
Lot/Plan
60/RP3532

Last Listing description (September 2024)

This sensational two bedroom apartment ideally located in the City Edge Apartments.

Comprising two bedrooms (both with built in robes), central bathroom with separate bath and shower, spacious kitchen and open plan dining and living area opening up onto a north facing balcony with a beautiful leafy aspect.

Other features include a separate toilet, large storage room, split system heating/cooling and undercover car parking. This apartment promises a low maintenance lifestyle, and only moments to Clarendon Street, South Melbourne market, Albert Park Village and the CBD.

Property History for 89b Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$517,000
07 Feb 2012
Listed for Rent
$450/w
31 May 2022
  • 04 Sep 2024
    Listed for Rent $500 / week
  • 09 May 2022
    Listed for Rent $450 / week
  • 04 Mar 2019
    Listed for Rent $450 / 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 47 properties listed for sale, and 56 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 412 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.