OFF MARKET

207/79 Market Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 851m2
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Last updated 30 Sep 2024
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Property Details for 207/79 Market St, South Melbourne

207/79 Market St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 851m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2016
Floor Size
55m2
Land Size
851m2
Local Government
Port Phillip
Lot/Plan
207/PS723567

Last Listing description (September 2024)

THE DEAL
This chic 2-bedroom apartment in the heart of South Melbourne offers easy access to everything the city has to offer.
The designer open-plan living and dining is complimented by the kitchen area which is equipped with top-quality appliances, including a Smeg stove and oven, as well as a drawer dishwasher. The large glass doors open onto a spacious balcony, perfect for enjoying a morning coffee or evening wine in the breeze.

Featuring two spacious bedrooms with built-in wardrobes, one with a built-in study nook. The modern bathroom boasts a clean design, with large shower and excellent water pressure.
Included is a secure garage parking, a laundry nook with a tub and washer-dryer, and a large storage cage in the car park area. The apartment is located in a secure building with dual security doors requiring fob access.
On the 7th floor, the shared roof terrace offers spectacular views, with two large tables and BBQs available for use at any time.

SEALS THE DEAL
Just a block away is the renowned South Melbourne Market/Coventry Street shopping strip, and within a 10-minute walk, you?ll reach the Yarra River and Crown Casino. Tram access to the city is easy, and you?ll find plenty of restaurants and caf?s within walking distance.

Styled by an interior designer, offering the extra option to purchase fully furnished.

Property History for 207/79 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$520,000
24 Sep 2021
Listed for Rent
$480/w
22 Apr 2021
  • 08 Sep 2024
    Listed for Sale $545,000 - $565,000
  • 24 Sep 2021
    Sold for $520,000
  • 17 May 2021
    Listed for Sale $530,000 - $570,000
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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 11,216 properties. Over the last 5 years, Houses in South Melbourne have seen a 35.74% increase in median value, while Units have seen a 2.45% increase. As at 31 August 2024:

  • The median value for Houses in South Melbourne is $1,791,704 while the median value for Units is $597,361.
  • Houses have a median rent of $750 while Units have a median rent of $625.
There are currently 37 properties listed for sale, and 43 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 441 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.