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906/52 Park Street, South Melbourne$300,000
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For Saleapartment

906/52 Park Street

South Melbourne, VIC 3205, Australia
$290,000 – $310,000
1 bed 1 bath

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About this property

Discover this stylish and well-presented one-bedroom apartment, perfectly positioned near the Royal Botanic Gardens, cafés, restaurants and the St Kilda Road tram corridor, just moments from the CBD. The spacious bedroom comes with built-in robes and is serviced by a modern bathroom with laundry facilities, while the open-plan living and dining area is filled with natural light and flows seamlessly to a sleek kitchen finished with marble benchtops and stainless-steel appliances. Reverse-cycle heating and cooling ensure year-round comfort, and video intercom entry adds extra peace of mind. A private balcony provides the perfect spot to unwind at the end of the day. Residents also enjoy access to premium building amenities, including a fully equipped gym, private dining room with kitchen, cinema room, sky lounge with fireplace, and a rooftop BBQ deck with sweeping 360° views. This apartment offers an exceptional lifestyle opportunity, whether as a stylish city base or a smart investment. Currently returning $430 per week, this property offers a solid rental yield with a reliable tenant eager to sign a new lease. With body corporate fees approximately $2,500 per year, this low-maintenance investment is perfect for savvy investors looking to expand their portfolio or secure consistent rental income from day one.

Property Details

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

Repayment calculator

$1,454/month
$727 /fortnight
Loan $240,000 at 6.10% over 30 years

Upfront costs

Deposit$60,000
Stamp duty$13,070
Conveyancing (est.)$2,000
Total upfront$75,070
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 1-bedroom apartment in South Melbourne, VIC 3205 sits within reach of public transport, local shops and nearby schools. It is listed 56% below the $682,500 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 119: Wells Street (tram)34 m away
  • IGA X-press Park Street43 m away
  • Unnamed291 m away
  • Kings Business Park344 m away
  • Eastern North Reserve345 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 1 bed

Compound growth -1.7% / yr over 4 yrs

$420kcurrent median

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Price history

Listing price changes

1 price change recorded for this property

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