OFF MARKET

5/278-282 Kings Way
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 102m2
Land area: 914m2
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Property Details for 5/278-282 Kings Way, South Melbourne

5/278-282 Kings Way, South Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 914m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last transferred in January 2023.

Building Type
Unit
Year Built
2019
Floor Size
102m2
Land Size
914m2
Local Government
Port Phillip
Lot/Plan
5/PS800329

Last Listing description (June 2023)

Designed by David Hicks, created by Gurner, and located in the heart of South Melbourne. A stunning boutique complex, designed to take advantage of light and space.

This terrace is the ultimate indulgence with a fully-equipped kitchen with stainless steel appliances and eye-catching all-natural stone benches, a dark colour scheme with opulent bathrooms and ensuite with mosaic tiling, and living/kitchen areas with timber floorboards and a functional balcony.


Additional highlights include air conditioning/heating in bedrooms and living areas, plush carpets in all bedrooms, double glazed windows throughout, and secure parking.

Surrounded by Melbourne's best parks, restaurants, and cafs, this property offers luxurious city living in an exciting location.

Nearby schools include:
- Galilee Regional Catholic Primary School
- Victorian College of the Arts Secondary School (VCASS)
- The Mac. Robertson Girls' High School
- Melbourne Grammar School

Property History for 5/278-282 Kings Way, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Transferred
28 Jan 2023
Listed for Rent
$850/w
29 May 2019
  • 28 Jan 2023
    Transferred
  • 06 Oct 2022
    Listed for Sale $1,100,000
  • 10 May 2022
    Listed for Sale $1,100,000
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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 11,284 properties. Over the last 5 years, Houses in South Melbourne have seen a -1.21% decrease in median value, while Units have seen a -5.71% decrease. As at 28 February 2025:

  • The median value for Houses in South Melbourne is $1,631,239 while the median value for Units is $599,620.
  • Houses have a median rent of $700 while Units have a median rent of $625.
There are currently 53 properties listed for sale, and 30 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 438 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 liability for any loss or damage arising in connection with the data and information contained in this publication.