Back 703/85 Market Street
Off Market

703/85 Market Street

South Melbourne VIC 3205

2
2
1
80 m²
Apartment
Last sold for $650,000
Endru YaoEndru Yao, last sold this property on 11 October 2026 after 118 days on market.

Overview

Enjoy the Best of South Melbourne Living

Offering a perfect blend of comfort, convenience, and city-fringe lifestyle appeal, this beautifully maintained apartment presents an outstanding opportunity for first-home buyers, professionals, downsizers, and investors alike. Occupying a desirable corner position within the sought-after Teri Complex, the north-facing residence enjoys an abundance of natural light, impressive CBD skyline views, and a thoughtfully designed layout that makes everyday living effortless. Positioned on one of the building's premium owner-occupier levels, it also benefits from enhanced acoustic insulation and quality finishes throughout. Step inside to discover a welcoming open plan living and dining area enhanced by timber flooring and floor-to-ceiling windows that draw in natural light throughout the day. The space extends seamlessly to an enclosed balcony featuring adjustable louvres, creating a versatile area that can be enjoyed year-round while taking in the city outlook. Whether used as a second living zone, home office, reading retreat, or entertaining space, it adds valuable flexibility to the home's layout. The well-appointed kitchen combines practicality and style, featuring quality appliances, ample storage, and generous bench space. Accommodation comprises two well-sized bedrooms fitted with mirrored built-in robes. A contemporary bathroom with a spacious shower and modern finishes services the home, complemented by a separate laundry for added convenience. South Melbourne continues to be one of Melbourne's most desirable lifestyle destinations, renowned for its vibrant village atmosphere and unbeatable convenience. The iconic South Melbourne Market, Clarendon Street shopping and dining precinct, supermarkets, cafés, restaurants, bars, trams, and light rail services are all within easy walking distance. Easy access to Melbourne CBD and nearby bayside attractions further highlights the appeal of this exceptional address.

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
80 m² floor area
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 703/85 Market Street is $625k.

Median value
$625k
Estimated value range
$465k - $1.43m
Median days on market
29
Estimated value trend
3%
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 703/85 Market Street

2026
Sold
$650,000
Private Sale/Treaty on 11 Oct 2026 by Endru Yao, of Xynergy Realty Altona

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 2 bedroom apartments in South Melbourne

In the last 12 months, 97 two-bedroom apartments similar to 703/85 Market Street, have been sold.

This represents a 21% increase in two-bedroom apartments sales when compared to the previous 12 months.

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