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504/201 Ferrars Street, South Melbourne$1.50m
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For Saleapartment

504/201 Ferrars Street

South Melbourne, VIC 3205, Australia
$1.45m – $1.55m
3 bed 2 bath 1 car

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About this property

Positioned atop the acclaimed Ferrars & York development, this dual-level penthouse delivers exceptional design and energy-efficient living in the heart of South Melbourne, just moments from the market, cafés, dining and light rail. A light-filled open-plan living and dining zone is framed by soaring five-metre ceilings and reclaimed timber floors, complemented by a premium kitchen with Swiss V-ZUG appliances, honed granite island and stainless steel benchtops. The space extends to a private northeast-facing terrace with sweeping city views. Across two levels, three bedrooms are privately zoned below, including a main bedroom with walk-in robe and ensuite. Featuring ducted heating/cooling, Energy Recovery Ventilation, European windows and a 7.8-star NatHERS rating, the home offers quiet, comfortable living powered by 100% renewable energy. Complete with rooftop garden, BBQ, secure parking with EV provision and storage, moments from the CBD, Albert Park Village and the beach.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
1
Listed
2 months ago

Repayment calculator

$7,272/month
$3,636 /fortnight
Loan $1,200,000 at 6.10% over 30 years

Upfront costs

Deposit$300,000
Stamp duty$82,500
Conveyancing (est.)$2,000
Total upfront$384,500
Verify with VIC revenue office →
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 3-bedroom apartment in South Melbourne, VIC 3205 sits within reach of public transport, local shops and nearby schools. It is listed 58% above the $950,000 median of 59 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 23: Moray Street (tram)853 m away
  • The FlyFisher775 m away
  • Unnamed508 m away
  • Town Hall Reserve531 m away
  • Foundry Site Park559 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 3 bed

Compound growth +2.4% / yr over 4 yrs

$1.30mcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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