South Melbourne

VIC 3205

South Melbourne is an inner suburb in the City of Port Phillip, about 2 kilometres from the Melbourne CBD. Clarendon Street is the main commercial district, with side streets around South Melbourne Market, cafes, eateries, galleries and small bluestone laneways. The suburb is known for its preserved Victorian streetscapes, town hall and heritage buildings, and is served by several tram routes.

South Melbourne has an office and consulting market, with office suites and floors in a dense inner-urban setting close to the city centre and established commercial streets. Southbank, Albert Park and Melbourne are nearby comparisons.

169

Active lease listings

commercial properties

$80,000

Median annual rent

asking rent across all listings

200

Median days on market

across all active listings

Listings by sector

115

Offices

active lease listings

21

Industrial, Warehouse and Factories

active lease listings

17

Medical / Consulting

active lease listings

16

Retail and Shops

active lease listings

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Last updated 15 August 2026