Back 1408/39 Park Street
Off Market

1408/39 Park Street

South Melbourne VIC 3205

2
2
1
74 m²
Apartment
Last sold for $680,000
Lachie KellyLachie Kelly, last sold this property on 18 May 2026 after 18 days on market.

Overview

Sunlit Park Avenue Apartment with City Views

- North-east corner apartment capturing natural light throughout the day. - Two bedrooms, two bathrooms and one secure car park. - Main bedroom with city views and private ensuite. - Second bedroom complete with built-in robes and Queen size Murphy bed. - Modern second bathroom with European laundry. - Sleek kitchen with Smeg appliances, integrated dishwasher, plumbed in fridge and island bench. - Open-plan living and dining flows to a large balcony with sweeping city views. - Premium amenities include gym, spa, sauna and secure wine cellar. Positioned in the prestigious Park Avenue building, this north-east corner apartment delivers a refined lifestyle in one of South Melbourne's most desirable addresses. Bathed in natural light from morning through to evening, the home combines a high-end finish with effortless functionality, all set against a backdrop of city and park views. The spacious open plan living and dining zone flows seamlessly to a generous balcony with sweeping city views. Floor-to-ceiling windows fitted with remote blinds create a light-filled setting, while the stylish kitchen is appointed with Smeg appliances, an integrated dishwasher, plumbed in fridge and an island bench, perfect for everyday living and entertaining. Main bedroom with city views and ensuite, while the second bedroom offers exceptional versatility as a home office, complete with built-in robes and a Queen size Murphy bed. A second modern bathroom with European laundry adds further convenience, while the secure car park ensures everyday practicality. Residents of Park Avenue enjoy exclusive access to premium amenities including concierge, gym, spa, sauna, and secure wine cellar. With a tram stop at your doorstep, the Royal Botanic Gardens, Albert Park Lake and South Melbourne Market all within easy reach, plus the new Anzac Station delivering seamless city connectivity, this presents a rare opportunity for refined South Melbourne living in a truly exceptional setting.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
74 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 1408/39 Park Street is $630k.

Median value
$630k
Estimated value range
$425k - $1.48m
Median days on market
30
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1408/39 Park Street

2026
Sold
$680,000
18 May 2026 by Lachie Kelly, of Ray White Southbank | Melbourne City

Happy sellers in South Melbourne

52%
52% of sellers in South Melbourne reported that their sale price either exceeded or met their price expectations.

South Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in South Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in South Melbourne

In the last 12 months, 110 two-bedroom apartments similar to 1408/39 Park Street, have been sold.

This represents a 5% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Melbourne

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent