Back 401/201 Ferrars Street
Off Market

401/201 Ferrars Street

South Melbourne VIC 3205

3
2
2
237 m²
Apartment
Mack BurgoineMack Burgoine, last sold this property on 23 May 2025 after 23 days on market.

Overview

Award-Winning Design, Secure Single-Level Living

Simply one of a kind and set within the multi-award-winning Ferrars & York, this expansive single-level residence pairs house-scaled proportions with the stabilising performance of world-class passive design. Recently awarded the 2024 Australian Architecture Award for Residential Architecture, amongst other renowned achievements, the boutique-scale Ferrars & York building sets a benchmark for sustainability, design and construction, underpinning the quality of this 237 sqm (approx.) three-bedroom plus study home. As the personal residence of HIP V. HYPE founders—the design-focus developers behind Ferrars & York —Apartment 401 has been crafted with care and attention. Designed in collaboration with Six Degrees Architects, this unique home offers uncompromised high performance living, complete privacy, panoramic views and secure parking for two in a never-to-be built-out position. A private accommodation wing separates the bedrooms from the main living domain, with three sunny aspects drawing natural light deep into the interiors. The kitchen is defined by a five-metre honed granite island and stainless steel benchtops, fitted exclusively with premium Swiss-made V-Zug appliances, including a full-height wine fridge, integrated refrigeration, dual ovens and a FullFlex induction cooktop. Sliding glass walls open the living and dining spaces onto a broad open-air terrace, framing spectacular 270-degree views across South Melbourne Market, Albert Park's historic rooftops, and the city skyline beyond low-maintenance landscaping. Fitted robes, remote-controlled external blinds and hardwood timber floors feature across all three bedrooms, including the master bedroom with a private ensuite. A second bathroom of equal specification serves the additional bedrooms and guests, supported by a full-sized laundry with extensive storage and a dedicated study finished with Blackbutt joinery. Reclaimed timber hardwood flooring, European style tilt-and-turn double glazed windows, ducted heating/cooling, under-tile heating to bathrooms, and an Energy Recovery Ventilation system contribute to a stable internal climate year-round. Achieving a superior 8.1-star NatHERS energy rating (out of 10) and powered entirely by renewable energy, it maintains consistent environmental performance alongside high acoustic standards, creating a sanctuary for residents. Residents also have access to the 5th floor's communal rooftop garden with BBQ and open fireplace, plus secure parking for two with EV charging docks, a secure storage unit on the mezzanine level and ample bike storage, all within immediate reach of Albert Park Village, the CBD, the Arts Precinct, Clarendon Street dining, the light rail, leading schools and the beach.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
237 m² floor area
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 401/201 Ferrars Street is $1.04m.

Median value
$1.04m
Estimated value range
$765k - $2.36m
Median days on market
50
Estimated value trend
6%
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 401/201 Ferrars Street

2025
Sold
Undisclosed
Auction Sale on 23 May 2025 by Mack Burgoine, of Jellis Craig Port Phillip

Happy sellers in South Melbourne

59%
59% 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 18 reviews in South Melbourne over the last 12 months.

Local market activity for 3 bedroom apartments in South Melbourne

In the last 12 months, 17 three-bedroom apartments similar to 401/201 Ferrars Street, have been sold.

This represents a 20% increase in three-bedroom apartments sales when compared to the previous 12 months.

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