OFF MARKET

515/338 Kings Way
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 42m2
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Property Details for 515/338 Kings Way, South Melbourne

515/338 Kings Way, South Melbourne is a 1 bedroom, 1 bathroom House and was built in 2013. The property has a floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
House
Year Built
2013
Floor Size
42m2
Local Government
Port Phillip
Lot/Plan
515/PS646650

Last Listing description (August 2024)

Sit back and relax in your fifth floor one bedroom apartment and watch the sun go down across the beautiful South Melbourne sky line. The sensational SILVERLEAF development is perfectly located within minutes' walk to the Domain precinct, Royal Botanic Gardens, CBD, Albert Park Lake, Port Melbourne and all that South Melbourne's has to offer. The Silverleaf Apartments are finished to an extremely high standard and they are ultra-modern and sleek. Silverleaf offers the best of Inner City Living. Perfect investment in the heart of South Melbourne.

Silverleaf offers premium quality living with features including: * SMEG stainless steel cooking appliances including a convention oven * Fisher & Paykel Dish drawer * Stone benches and mirror splashbacks throughout. * Integrated Fisher & Paykel Fridge/Freezer. * Fisher & Paykel front loading washing machine and separate dryer, all installed with a laundry trough and storage shelves in an integrated cupboard. - Tinted mirror splashback to the kitchen - 2PAC high gloss finish to all joinery with Hafele and Blum fittings * American Oak Timbers floors throughout including bedrooms. * Large built in robes with mirror panelling and shelving and drawers * Large secure storage cupboard on same level 10 seconds from front door * Onsite secure car park on mezzanine level * Ducted heating and cooling system * Balcony with views across South Melbourne Town Hall to the Westgate bridge * Wired for Foxtel, National Broadband Network and telephone along with free to air TV. * Fully tiled sensational bathrooms with frameless shower screens. * Building Manager onsite 7 days a week * Communal bike storage * Privacy with no one looking in.

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Property History for 515/338 Kings Way, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$375,000
24 Jun 2016
  • 01 Aug 2024
    Listed for Rent $500 / week
  • 24 Jun 2016
    Sold for $375,000
  • 29 Jan 2016
    Listed for Sale Not Disclosed
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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 11,165 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 52 properties listed for sale, and 54 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 406 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.