Back 179 Park Street
Off Market

179 Park Street

South Melbourne VIC 3205

4
2
4
296 m²
House
Sheree GibbsSheree Gibbs, last sold this property on 02 March 2026 after 117 days on market.

Overview

Under Offer

THE DEAL In one of the inner city's most beloved pockets, this endlessly versatile Victorian embraces its heritage, promotes comfort of the highest calibre, and celebrates the leafy vibrancy only South Melbourne can offer. Quick to captivate with its broader-than-usual stance for a terrace of its era, the landmark's two distinct entries open up an array of potential uses. Two fully renovated storeys can easily be shut off from one-another to act as their own residences, just as ideal for multi-generational living as they are for business pursuits, long-term or short-stay leasing, or simply enjoying the building in its entirety as the perfect family home. As functional and flexible as it is grand and graceful, the abode's lower-level master with its own elegant ensuite, wealth of robe space, and window-side study area is complemented by stand-out accommodation above in three large bedrooms and a luxe central bathroom. A combined upper kitchen/meals/lounge area spills onto a northern verandah wonderful for an evening cocktail soaking in the South Melbourne verve, while below, magnificent main areas make hospitality a breeze. Steel-frame glass doors stage floral outlooks, attract all-day sun, and open to streamline indoor-outdoor flow, with entwined living, dining, and backyard settings capably served by a gourmet kitchen with first-class fixtures. Emboldened by Mixed Use zoning (MUZ) to further broaden capabilities, other highlights include chic black and brushed-bronze, floor-to-ceiling tiles in both bathrooms, stone benchtops, reverse-cycle heating/cooling, engineered oak floors, two laundries, profuse storage, Art Deco-style light fittings, and ornate details furthering period appeal. No more than seconds to the world-class coffee, diverse cuisine, boutique retail, and thriving nightlife of a true Melbourne icon in Clarendon Street, it's mere footsteps to various trams, South Melbourne Market, MSAC, Albert Park Lake's leisure trail and Grand Prix circuit, lively Bridport Street, Southbank's fine dining, and the bustling CBD beyond. SEALS THE DEAL Unlike anything South Melbourne has seen for some time, a deep block wraps around to meet Palmer Street, offering secure, gated parking for at least four cars.

Features

4 bedrooms
2 bathrooms
4 carspaces
296 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in South Melbourne over the last 12 months, the estimated median property value of 179 Park Street is $2.72m.

Median value
$2.72m
Estimated value range
$1.71m - $6m
Median days on market
25
Estimated value trend
-6%
decrease 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 179 Park Street

2026
Sold
Undisclosed
Private Sale/Treaty on 02 Mar 2026 by Sheree Gibbs, of WHITEFOX Bayside | Brighton

Happy sellers in South Melbourne

60%
60% 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 4 bedroom houses in South Melbourne

In the last 12 months, 17 four-bedroom houses similar to 179 Park Street, have been sold.

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