508/39 Park Street

Off Market

508/39 Park Street

South Melbourne VIC 3205

Apartment

Richard Nowak, last sold this property on 11 July 2025 after 35 days on market.

Overview

Park Avenue A Prized Location with a 5-Star Lifestyle

Bathed in natural light and designed for modern living, this stylish 2-bedroom apartment is perfectly positioned on the fifth floor of the prestigious Park Avenue building, in the heart of Melbourne's coveted Domain precinct. Showcasing floor-to-ceiling double-glazed windows, the apartment offers an open and airy layout that seamlessly connects a spacious living and dining zone to a covered balconyperfect for alfresco dining and entertaining. The kitchen is appointed with high-quality finishes, including stone benchtops and Miele appliances, catering effortlessly to the home chef. Both bedrooms are serviced by a luxurious central bathroom, with a Euro laundry cleverly tucked away for convenience. Comfort is ensured year-round with split-system heating and cooling, while added features include secure video intercom entry for peace of mind. Enjoy access to an impressive suite of resident facilities: fully equipped gymnasium, heated indoor lap pool, steam room, sauna, an elegant library/lounge with a cozy fireplace and Concierge service enhancing your everyday convenience. Live surrounded by some of Melbourne's most iconic destinations: Royal Botanic Gardens, South Melbourne Market and its renowned eateries, The Arts Precinct, Albert Park Lake, and immediate access to St Kilda Road trams and Anzac Station Experience the perfect balance of luxury, lifestyle, and location in this exceptional apartmenta rare opportunity to reside in one of Melbourne's most sought-after addresses.

Features

2 bedrooms

1 bathroom

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 508/39 Park Street is $615k.

Median value

$615k

Estimated value range

$425k - $1.31m

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 508/39 Park Street

2025

Sold

Undisclosed

Private Sale/Treaty on 11 Jul 2025 by Richard Nowak, of Kay & Burton Stonnington

2023

Rented

Undisclosed

Leased on 19 Apr 2023 by Thomson Malvern

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 2 bedroom apartments in South Melbourne

In the last 12 months, 106 two-bedroom apartments similar to 508/39 Park Street, have been sold.

This represents a 6% increase in two-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

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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.