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240-242 Ferrars Street, South Melbourne, VIC 3205

240-242 Ferrars Street, South Melbourne, VIC 3205

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240-242 Ferrars Street, South Melbourne, VIC 3205

10

2

9

395m²

0m²

commercial - commercial: industrial building

Property Description

A 10-bedroom commercial in South Melbourne, Victoria, with 2 bathrooms and 9 car spaces. The block is 395 sqm. The median house price is $1.8 million, having increased 2% year-on-year. Properties typically spend 45 days on market. Public records show that this property was sold for $2,600,000 in 2014, previously sold for $2,100,000 in 2010, and previously sold for $870,000 in 1997. Primary schools in the area include Galilee Regional Catholic Primary School. For secondary education, Youth2Industry College are nearby.

Estimated value

Based on comparable sales, past sales and available property data

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Rental income estimate and range

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Property history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Sold
Feb 2014

$2,600,000

Auction
Dec 2013

Price undisclosed

Sold
Sep 2010

$2,100,000

Sold
May 2007

Price undisclosed

Sold
May 2007

Price undisclosed

Auction
Oct 1997

Price undisclosed

Sold
Oct 1997

$870,000

Sold
Aug 1978

$62,500

Median unit price trends

Comparing the price trend of units in South Melbourne against the state of Victoria over the last 4 years. Source: CoreLogic

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Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

45 Days

House median days on market

36 Days

Unit median days on market

340 Properties

Sold in last 12 months

91 Properties

Available in the last month

South Melbourne residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

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Nearby education

Schooling and educational options in the area, for all ages.

Galilee Regional Catholic Primary School

K - Yr 6

Catholic

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South Melbourne

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Port Phillip

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Victoria

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Frequently asked questions

240-242 Ferrars Street is a Commercial built in 1884 in South Melbourne, Victoria. Review photos and floor plans for more detail on the construction and condition of the property.

The property at 240-242 Ferrars Street includes 10 bedrooms, 2 bathrooms and parking for 9 cars.

The land size for 240-242 Ferrars Street in South Melbourne is approximately 395 square metres. This figure is useful for understanding the outdoor space, development potential and overall scale of the property.

240-242 Ferrars Street in South Melbourne, Victoria includes a range of local schools, shops, public transport options and community facilities that support day to day living.

As of 2/1/2014, the property at 240-242 Ferrars Street is recorded as sold.

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