408/39 Park Street

Off Market

408/39 Park Street

South Melbourne VIC 3205

Apartment

Rohan White, last sold this property on 21 January 2026 after 8 days on market.

Overview

Light-Filled Living with Sunset Views in the Prestigious Park Avenue Residences

Positioned on the fourth floor of the highly regarded Park Avenue building, this elegant one-bedroom plus study apartment offers an exceptional lifestyle in the heart of South Melbourne’s tightly held Domain precinct. Bathed in natural light, the residence is enhanced by floor-to-ceiling, double-glazed windows and impressive 2700mm high ceilings, creating a wonderful sense of space and openness throughout. Timber floorboards flow through the open-plan living and dining area, which has been thoughtfully designed for modern living and entertaining. This inviting space seamlessly extends to a covered, very spacious balcony, where uninterrupted sunset views provide the perfect setting for evening relaxation or hosting guests. The contemporary kitchen is beautifully appointed with stone benchtops, premium Smeg appliances, and generous storage, balancing refined style with everyday functionality. A stunning ambient pendant light is included, adding warmth and character to the living space. The generously proportioned bedroom features remote-operated blinds for added comfort and convenience, while the separate study offers flexibility for working from home, creative pursuits, or additional storage. A sleek central bathroom and discreet Euro laundry complete the interior, while split-system heating and cooling ensure year-round comfort. Secure video intercom entry provides peace of mind. Residents of Park Avenue enjoy access to an impressive suite of resort-style amenities, including a fully equipped gymnasium, indoor spa pool and sauna. An elegant residents’ library and lounge with fireplace offers a tranquil retreat, complemented by concierge services that elevate everyday living. Perfectly positioned within walking distance of the Royal Botanic Gardens, Albert Park Lake, South Melbourne Market, cafés, Anzac Station, St Kilda Road trams, and Melbourne’s CBD, this is an outstanding opportunity to secure a quality residence in one of the city’s most sought-after inner-city locations.

Features

1 bedroom

1 bathroom

Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 408/39 Park Street is $436k.

Median value

$436k

Estimated value range

$290k - $630k

Median days on market

Estimated value trend

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 408/39 Park Street

2026

Sold

Undisclosed

Private Sale/Treaty on 21 Jan 2026 by Rohan White, of Buxton Port Phillip - Port Melbourne

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 1 bedroom apartments in South Melbourne

In the last 12 months, 71 one-bedroom apartments similar to 408/39 Park Street, have been sold.

This represents a 5% increase in one-bedroom apartments 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

4.8

(7 reviews)

Get a free market appraisal

Jon Kett

at Jellis Craig Port Melbourne

4.9

(347 reviews)

Get a free market appraisal

Moses Habib

at Belle Property St Kilda

4.9

(92 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 17 local sales and collected 12 local reviews across the last 12 months.