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.
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.
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:
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