OFF MARKET

1212/338 Kings Way
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 1212/338 Kings Way, South Melbourne

1212/338 Kings Way, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
Unit
Year Built
2013
Local Government
Port Phillip
Lot/Plan
1212/PS646650

Last Listing description (September 2015)

Evoking an exclusive sense of penthouse living, this prestigious and state-of-the-art top-floor apartment blends magical views with superior fittings and appointments in this highly central inner-suburban position. Distinguished by quality, this impeccable one bedroom apartment is an outstanding home that offers walkability to South Melbourne Market, Clarendon St and MSAC.
Stone benches, premium appliances and a beautiful mirrored splashback set the highly sought-after scene for an open-plan kitchen/dining/lounge that flows out to a stunning balcony all with amazing views of Port Phillip Bay, the Westgate Bridge and You Yang Ranges. With huge mirrored robes and ensuite access to a superb designer bathroom, the bedroom blends a sense of luxury with supreme convenience.
Also offering secure video entry, basement parking, storage room and elevator access, the building is outstanding and all you need to do is wander downstairs for shops and cafes, head just around the corner for bars and restaurants as well, or enjoy the scenery of the iconic Albert Park Lake or Tan track.

Property History for 1212/338 Kings Way, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$410,000
23 Sep 2015
Listed for Rent
$430/w
22 Feb 2014
  • 23 Sep 2015
    Sold for $410,000
  • 22 Jul 2015
    Listed for Sale FOR AUCTION CONTACT AGENT FOR DETAILS
  • 22 Feb 2014
    Listed for Rent $430 / week
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of total area. The population of South Melbourne in 2011 was 9,317 people. By 2016 the population was 10,892 showing a population growth of 16.9% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation. In 2011, 44.8% of the homes in South Melbourne were owner-occupied compared with 40.2% in 2016.

South Melbourne has 11,163 properties. Over the last 5 years, Houses in South Melbourne have seen a 9.87% increase in median value, while Units have seen a 2.12% increase. As at 31 October 2024:

  • The median value for Houses in South Melbourne is $1,619,416 while the median value for Units is $605,499.
  • Houses have a median rent of $700 while Units have a median rent of $625.
There are currently 48 properties listed for sale, and 56 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 412 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.