OFF MARKET

506/338 Kings Way
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 66m2
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Last updated 11 Nov 2024
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Property Details for 506/338 Kings Way, South Melbourne

506/338 Kings Way, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 66m2.

Building Type
Unit
Year Built
2013
Floor Size
66m2
Local Government
Port Phillip
Lot/Plan
506/PS646650

Last Listing description (November 2017)

Accommodation includes two double bedrooms with BIR's, semi open plan lounge area with lovely views.
The state of the art kitchen is fitted with stone bench tops, mirror splashback, 2PAC high floss cabinetry, an integrated fridge / freezer & stainless steel SMEG appliances including oven, gas cook top and dishwasher. The bathroom is finished at an equally high standard with stone bench tops and mirror shelving cabinet. The European laundry comes with a washing machine / dryer.
Additional features include full timber flooring throughout, reverse cycle heating and cooling, LED recessed down lights, National Broadband Network ready, one secure remote access car park, and window furnishings. Plenty of storage for two-bedroom apartment including a storage cage with a very reasonable price.

Surrounded by beautiful parks including Albert Park Lake and the Royal Botanical Gardens, excellent public transport options and St Kilda Road & CBD within walking distance.
Please call Ava Gao on 0451 129 081 or Garry Fetter for an inspection on 0451 097 890

Property History for 506/338 Kings Way, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Listed for Rent
$500/w
12 Jun 2019
  • 23 Oct 2017
    Listed for Rent - Price not available
  • 03 Feb 2015
    Listed for Rent - Price not available
  • 09 Nov 2013
    Listed for Rent - Price not available

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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.