OFF MARKET

406/79 Market Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 63m2
Land area: 851m2
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Property Details for 406/79 Market St, South Melbourne

406/79 Market St, South Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2016. The property has a land size of 851m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
Unit
Year Built
2016
Floor Size
63m2
Land Size
851m2
Local Government
Port Phillip
Lot/Plan
406/PS723567

Last Listing description (May 2023)

This exquisite apartment complex is perfectly suited for professional couples or singles. Situated in close proximity to Clarendon Street, South Melbourne Market, supermarkets, shops, and cafes, as well as convenient public transport options.

The apartment boasts two spacious double bedrooms with built-in robes, a generous open-plan living area, and a large balcony overlooking Clarendon Street. The gourmet kitchen features stone benchtops and top-of-the-line stainless steel appliances, including a gas cooker and dishwasher.

Additional amenities include a central bathroom, euro laundry, elegant timber flooring throughout the living spaces, and access to the communal outdoor space on the seventh floor, offering a mesmerizing view of the city skyline. Don't miss this opportunity - be quick to inspect!

Property History for 406/79 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$549,950
14 Jul 2014
Listed for Rent
$625/w
31 May 2023
  • 19 May 2023
    Listed for Rent $625 / week
  • 27 Jul 2020
    Listed for Rent $500 / week
  • 14 Jul 2014
    Sold for $549,950

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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 11,164 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 47 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.