1107/39 Park Street, South Melbourne VIC 3205
2 beds
2 baths
1 cars
Spachus Insights
View South Melbourne market
Price position
Around suburb median
Within 5% of 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
Slower than typical
25 days typical · Property listed 90 days (260% longer).
Property details
North-Facing Style with City-Fringe Convenience
Enjoy a refined city-fringe lifestyle in this beautifully presented two-bedroom residence within the highly regarded Park Avenue Tower.
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
Spachus Property Estimate
$610,000
Automated estimate based on available property and market data.
Not a formal valuation.
Asking vs estimate
+$38,000
6.2% above the Spachus estimate
Property Overview
1107/39 Park Street, South Melbourne VIC 3205 is an apartment. It has 2 bedrooms, 2 bathrooms and 1 car space. It is currently listed at $648,000. It has been on the market for 90 days. In South Melbourne, the median listing price is $620,000 and the median sold price is $592,000. Its current asking price is $28,000 (4.5%) above the South Melbourne median listing price. Properties in South Melbourne typically sell in around 25 days based on Spachus tracked sales data. It has currently been on the market 65 days longer than the South Melbourne typical selling time.
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