Back 42/88 Park Street
Off Market

42/88 Park Street

South Melbourne VIC 3205

3
2
1
107 m²
Apartment
Last sold for $730,000
Calvin ZhuCalvin Zhu, last sold this property on 04 October 2026 after 110 days on market.

Overview

Spacious South Melbourne Sanctuary in a Serene Corner Setting

Investors Please Note: The property could return In the vicinity of $950 to $1,050 per week Showcasing family-sized luxury in a peaceful corner position, this 3-bedroom, 2-bathroom apartment is enriched by a world of convenience on your doorstep. Take an easy walk to South Melbourne Market, the arts precinct, a choice of tram routes, Anzac trains, Woolworths, the Royal Botanic Gardens, and Albert Park Lake. Freshly painted throughout with sleek floorboards underfoot, spacious open-plan living and dining is complemented by a pristine kitchen boasting a breakfast bar and stainless-steel appliances including a 4-burner gas cooktop. High-performance double glazing wraps the apartment in blissful silence, ensuring a tranquil retreat from the bustling world outside. Ideal for entertaining, step outside to a sheltered balcony with sweeping views over neighbourhood treetops and rooftops. Generously sized bedrooms are naturally lit and serviced by mirrored robes and a principal bathroom with a marble-topped vanity, a separate WC, and a shower over a bathtub. The palatial main bedroom comes complete with large walk-in robes and a private ensuite. Set on the fourth floor, comprehensive features include secure car parking, a laundry room, split-system heating and cooling, additional panel heating, and slimline Venetian blinds. The building boasts intercom entry and exclusive use of a heated indoor lap pool, well-equipped gym, tennis court, and a BBQ terrace. Call us now to make this yours! Outgoings: Council Rates: $424.00 per quarter approx. Water Rates: $176.00 per quarter approx. Owners Corporation Fees: $1,947.00 per quarter approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
107 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 42/88 Park Street is $910k.

Median value
$910k
Estimated value range
$730k - $1.3m
Median days on market
69
Estimated value trend
-16%
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 42/88 Park Street

2026
Sold
$730,000
04 Oct 2026 by Calvin Zhu, of MICM

Happy sellers in South Melbourne

63%
63% 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 20 reviews in South Melbourne over the last 12 months.

Local market activity for 3 bedroom apartments in South Melbourne

In the last 12 months, 25 three-bedroom apartments similar to 42/88 Park Street, have been sold.

This represents a 26% decrease in three-bedroom apartments sales when compared to the previous 12 months.

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