509/39 Park Street

Off Market

509/39 Park Street

South Melbourne VIC 3205

Apartment

Last sold for $595,000

Taylor Sims, last sold this property on 30 April 2026 after 191 days on market.

Overview

Luxury 2-bedroom apartment in Prime South Melbourne Locale

Welcome to Park Avenue, one of South Melbourne's premier new addresses, ideally situated on Park Street at the edge of Southbank. Just minutes from the Royal Botanical Gardens, the Shrine of Remembrance, and an array of vibrant local restaurants and cafes, this luxurious building offers unrivalled access to everything you need, including multiple transport options. Residents at Park Avenue enjoy exclusive access to a stunning wellness centre, complete with a pool and cabana chairs, a serene sauna, and a state-of-the-art gym, all overseen by an on-site building manager. It's the ultimate urban lifestyle at your doorstep. This sophisticated apartment at 39 Park Street showcases high-end finishes throughout. The well-appointed kitchen features stainless steel appliances, including a gas cooker, oven, dishwasher, and a sleek island with stone bench tops. The spacious, north-facing open-plan living area flows seamlessly to a generous balcony, offering an effortless blend of indoor and outdoor living. With ample room for a dining area, this space is designed for both relaxation and entertainment. Both of the large bedrooms come with built-in wardrobes and abundant natural light, while the master suite boasts a private ensuite. Both bathrooms are fully tiled, each equipped with a shower, basin, and toilet, delivering style and convenience.

Features

2 bedrooms

2 bathrooms

1 carspace

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 509/39 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 509/39 Park Street

2026

Sold

$595,000

Private Sale/Treaty on 30 Apr 2026 by Taylor Sims, of Ray White Southbank | Melbourne City

2026

Sold

$595,000

29 Apr 2026 by Taylor Sims, of Ray White Southbank | Melbourne City

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, 105 two-bedroom apartments similar to 509/39 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

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.