Back 816/52 Park Street
Off Market

816/52 Park Street

South Melbourne VIC 3205

1
1
Apartment
Dion BesserDion Besser, last sold this property on 11 June 2025 after -43 days on market.

Overview

Sold off market by Dion Besser @ Besser+co.

Experience modern city living in this stylish 1-bedroom apartment in the sought-after 'Essence' building. Ideally located between Albert Park Lake and the Royal Botanic Gardens, this apartment offers a fantastic lifestyle in South Melbourne's prime inner suburbs. Residents of 'Essence' enjoy access to a gym, rooftop terrace with BBQ facilities, and a cozy communal lounge with a fireplace. Located near South Melbourne Market, Clarendon Street, and plenty of cafes and restaurants, this property is perfect for those seeking a vibrant lifestyle. Public transport is easily accessible, with trams literally at the front door and buses nearby, giving quick access to the CBD. With high rental demand and future growth potential, this apartment is an excellent investment or a great place to call home.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 816/52 Park Street is $436k.

Median value
$436k
Estimated value range
$290k - $630k
Median days on market
25
Estimated value trend
8%
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 816/52 Park Street

2026
Rented
Undisclosed
Leased on 16 Apr 2026 by Besser & Co. Estate Agents
2025
Sold
Undisclosed
Private Sale/Treaty on 11 Jun 2025 by Dion Besser, of Besser & Co. Estate Agents
2020
Rented
Undisclosed
Leased on 17 May 2020 by Besser & Co. Estate Agents

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 1 bedroom apartments in South Melbourne

In the last 12 months, 71 one-bedroom apartments similar to 816/52 Park Street, have been sold.

This represents a 5% increase in one-bedroom apartments sales when compared to the previous 12 months.

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