Back 71/88 Park Street
Off Market

71/88 Park Street

South Melbourne VIC 3205

2
2
1
95 m²
Apartment
Last sold for $612,000
Sean RiceSean Rice, last sold this property on 15 May 2026 after 23 days on market.

Overview

Refined Inner-City Living with Exceptional Lifestyle Appeal

Set within a highly regarded complex, this beautifully appointed two-bedroom residence delivers a considered balance of style, space, and effortless liveability in one of Melbourne’s most tightly held locations. A light-filled open-plan living and dining domain extends seamlessly to a substantial private balcony, offering an inviting setting for both everyday relaxation and entertaining. The well-designed kitchen is appointed with quality finishes and generous storage, complementing the home’s refined yet functional aesthetic. Accommodation is thoughtfully zoned, with two well-proportioned bedrooms including a main suite featuring walk-in robe and ensuite, while a central bathroom services the second bedroom with ease. Additional features include secure off-street parking and access to an impressive range of resident amenities, including an indoor swimming pool, gymnasium, tennis court, and communal BBQ facilities. Positioned for lifestyle, the home enjoys close proximity to Albert Park Lake, the Royal Botanic Gardens, and the vibrant offerings of South Melbourne, along with the convenience and connectivity of the St Kilda Road boulevard. With trams at the doorstep and the renowned South Melbourne Market just moments away, the lifestyle on offer is both effortless and enviable. Apartment size 95sqm Key Features: • Large private balcony ideal for entertaining • Two spacious bedrooms (main with WIR & ensuite) • Light-filled open-plan living and dining • Well-appointed kitchen with ample storage • Secure car space • Access to pool, gym, tennis court & BBQ facilities • Blue-chip lifestyle location near parklands and transport

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
95 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 71/88 Park Street is $630k.

Median value
$630k
Estimated value range
$425k - $1.48m
Median days on market
30
Estimated value trend
4%
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 71/88 Park Street

2026
Sold
$612,000
15 May 2026 by Sean Rice, of Woodards Elsternwick

Happy sellers in South Melbourne

52%
52% 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 19 reviews in South Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in South Melbourne

In the last 12 months, 111 two-bedroom apartments similar to 71/88 Park Street, have been sold.

This represents a 6% increase in two-bedroom apartments sales when compared to the previous 12 months.

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