About this property
Also written as Unit 2, 197 Park Street.
South Melbourne VIC 3205, Australia
Also written as Unit 2, 197 Park Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
The property at 2/197 Park Street is a unit
South Melbourne lies approximately 3 kilometres (about 1.9 miles) south of Melbourne’s CBD
Several tram stops are within a few hundred metres, including Moray St/Park St and Park St/Clarendon St, serving routes 1, 12, 58 and 96 that connect the suburb to the city and surrounding areas
The South Melbourne Town Hall, See Yup Temple (a historic Chinese temple), and St Eustathios' Church are all within a short walk, reflecting the suburb’s rich Victorian‑era heritage
The JMC Academy (0.1 km) and the Australian National Academy of Music (0.3 km) are nearby, along with the Butterfly Club theatre and local recording studio Armstrong's Studios
South Melbourne, originally known as Emerald Hill, developed from a gold‑rush tent town into a Victorian‑era suburb with well‑preserved terraces and notable public buildings such as the Town Hall, evolving through periods of industrialisation and recent gentrification
The main commercial district on Clarendon Street, near the South Melbourne Market, offers a variety of retailers, cafés, eateries and art galleries within walking distance of the unit
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