513/85 Market Street, South Melbourne VIC 3205
2 beds
2 baths
1 cars
Spachus Insights
View South Melbourne market
Price position
Below suburb median
7.3% below the current suburb median listing price.
Buyer negotiation signal
Buyer negotiation
The suburb median sold price is $28,000 below the median listing price.
Selling pace
Sold much slower than typical
25 days typical · Sold in 37 days (48% longer).
Property details
Stylish South Melbourne Living in a Prime Lifestyle Location
Perfectly positioned in the heart of South Melbourne, this modern two-bedroom, two-bathroom apartment with a secure car space and bonnet storage cage presents an exceptional opportunity to enjoy a vibrant inner-city lifestyle. Thoughtfully designed, the open-plan layout seamlessly connects the living, dining and kitchen areas, flowing effortlessly to a private balcony ideal for relaxing. Two generous bedrooms, including a main with ensuite, complete this well-appointed residence.
2Bedrooms
2Bathrooms
1Car spaces
ApartmentProperty type
South Melbourne market
Full suburb reportMedian listing$620,000
Median sold$592,000
Typical selling time25 days
Tracked sold properties96
Property Overview
513/85 Market Street, South Melbourne VIC 3205 is an apartment. It has 2 bedrooms, 2 bathrooms and 1 car space. The property sold for $535,000 on 21 August 2026 by private treaty after 37 days on the market. In South Melbourne, the median listing price is $620,000 and the median sold price is $592,000. This sale was $57,000 (9.6%) below the South Melbourne median sold price. Properties in South Melbourne typically sell in around 25 days based on Spachus tracked sales data. It took 12 days longer to sell than the South Melbourne typical selling time.
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