198 Park Street

Off Market

198 Park Street

South Melbourne VIC 3205

195 m²

House

Last sold for $1,485,000

Nicholas Hoo, last sold this property on 08 August 2026 after 24 days on market.

Overview

Victorian Grace with Enviable Garden Serenity

Steeped in South Melbourne's early history, "Emerald House" sits behind high bluestone walls, capturing the timeless appeal of early Victorian architecture through its solid construction, beautifully preserved period detail and deep northeastern garden that transforms its inner-city footprint. Dating back to the mid-1800s, the beautifully updated dual-level residence retains the grace of its era through Baltic pine floors, ornate fireplaces and classic proportions, with an intimate sitting room preceding the separate dining room with a gas fire before the well-appointed modern kitchen extends naturally to the rear. Outdoors, the expansive paved terrace and bluestone-edged lawns create a remarkably large and private garden, stretching well beyond expectation and inviting total tranquillity amid established greenery and all-day sun. Two generous bedrooms follow upstairs, accompanied by a versatile study or third bedroom, with the second bedroom offering robes and city views, and the main bedroom retaining its original fireplace. A spacious contemporary bathroom on the lower level completes the accommodation, with modern appointments including reverse-cycle heating and cooling, a full laundry, and extensive storage. Positioned within a short walk of Clarendon Street's renowned cafés, restaurants and boutiques, South Melbourne Market, multiple tram routes, ANZAC Station, with Albert Park Lake, leading schools, the Royal Botanic Gardens, and the CBD also nearby, every advantage of inner-Melbourne living sits at the doorstep. Land size: 195sqm (approx).

Features

2 bedrooms

1 bathroom

195 m² lot size

House

Estimated Value

Based on this property and similar 2 bedroom houses sold in South Melbourne over the last 12 months, the estimated median property value of 198 Park Street is $1.24m.

Median value

$1.24m

Estimated value range

$840k - $1.72m

Median days on market

Estimated value trend

-2%

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 198 Park Street

2026

Sold

$1,485,000

Auction Sale on 08 Aug 2026 by Nicholas Hoo, of Marshall White - Port Phillip

2024

Rented

Undisclosed

Leased on 25 Jul 2024 by Belle Property Albert Park

2024

Rented

Undisclosed

Leased on 21 Jul 2024 by Belle Property South Melbourne

Happy sellers in South Melbourne

<50%

Less than 50% of sellers in South Melbourne reported that their sale price either exceeded or met their price expectations.

South Melbourne stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in South Melbourne over the last 12 months.

Local market activity for 2 bedroom houses in South Melbourne

In the last 12 months, 32 two-bedroom houses similar to 198 Park Street, have been sold.

This represents a 14% increase in two-bedroom houses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in South Melbourne for a free market appraisal.

Rohan White

at Buxton Port Phillip - Port Melbourne

4.9

(365 reviews)

Get a free market appraisal

Stefan Joannides

at Belle Property Albert Park

4.7

(10 reviews)

Get a free market appraisal

Besim Kanacevic

at Belle Property Albert Park

(193 reviews)

Get a free market appraisal

May Wang

at Melbourne Sotheby's International Realty

4.8

(32 reviews)

Get a free market appraisal

Nearby agents

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

Rohan White

Rohan White is an award winning recommended agent for South Melbourne. They have 25 local sales and collected 8 local reviews across the last 12 months.