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1107/39 Park Street, South Melbourne$675,000
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For Saleapartment

1107/39 Park Street

South Melbourne, VIC 3205, Australia
$650,000 – $700,000
2 bed 2 bath 1 car83 m²

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About this property

Enjoy a refined city-fringe lifestyle in this beautifully presented two-bedroom residence within the highly regarded Park Avenue Tower. Designed to maximise light and outlook, the apartment opens to a generous living and dining zone framed by full-height glazing. Timber floors add warmth, while the adjoining north-facing balcony creates an inviting extension of the living space with elevated views and excellent natural light throughout the day. The kitchen is well suited to both everyday living and entertaining, featuring stone surfaces, a central island, stainless steel appliances and plenty of preparation and storage space. Accommodation is thoughtfully arranged, with the main bedroom offering built-in robes and its own ensuite. The second bedroom also includes built-in storage, along with a built-in study area that provides a practical work-from-home option. A separate central bathroom, European laundry and rain shower complete the internal layout. Comfort is assured year-round with reverse-cycle heating and cooling, while a secure car space adds further convenience. The location places you within easy walking distance of Clarendon Street, South Melbourne Market and a wide range of cafés, restaurants and local retailers. Melbourne's arts precinct, the Royal Botanic Gardens and Albert Park Lake are also close by, providing an excellent balance of culture, recreation and everyday amenity. Public transport connections are easily accessible, with nearby trams and Anzac Station offering direct access to the CBD and surrounding suburbs. Major road links are also within convenient reach. Well suited to professionals, downsizers or investors, this is a quality apartment in a tightly held South Melbourne address.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
83 m²
Listed
Today

Repayment calculator

$3,272/month
$1,636 /fortnight
Loan $540,000 at 6.10% over 30 years

Upfront costs

Deposit$135,000
Stamp duty$35,570
Conveyancing (est.)$2,000
Total upfront$172,570
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in South Melbourne

This 2-bedroom apartment in South Melbourne, VIC 3205 sits within reach of public transport, local shops and nearby schools. It is listed 1% below the $682,500 median of 60 comparable apartmentswithin 5 km.

Schools near South Melbourne

  • Galilee Regional Catholic Primary Schoolprimary · Prep-6 · CoEd
  • Hester Hornbrook Academy - South Melbournesecondary
  • Youth2Industry Collegesecondary · 11-12 · CoEd

What's nearby

  • Stop 119: Wells Street (tram)67 m away
  • Unnamed40 m away
  • Unnamed270 m away
  • Eastern South Reserve332 m away
  • Eastern North Reserve334 m away

South Melbourne at a glance

Full suburb profile
Population
11,548
Median age
39
Household income
$2,101/wk
Median rent
$421/wk
Median mortgage
$2,200/mo

Source: ABS Census.

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Suburb market

Suburb price trend

South Melbourne price trend

Median sold · Unit 2 bed

Compound growth -0.9% / yr over 4 yrs

$658kcurrent median

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Price history

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1 price change recorded for this property

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