SOLD
Sold on 30 Aug 2024 for $480,000

606/79 Market Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 851m2
Save

Property Details for 606/79 Market St, South Melbourne

606/79 Market St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 851m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
55m2
Land Size
851m2
Local Government
Port Phillip
Lot/Plan
606/PS723567

Last Listing description (November 2024)

Discover the epitome of chic urban living with this stylish two-bedroom apartment, nestled within the coveted Inner City Circle of vibrant South Melbourne. Perfect for first home buyers or investors, this contemporary haven boasts a fantastic location, just a stone's throw from the bustling South Melbourne Market, and an array of shops, supermarkets, restaurants, and cafes.

As you step inside this beautifully presented apartment, you'll be greeted by a spacious open-plan living area, filled with an abundance of natural light. The gourmet kitchen is a true chef's delight, featuring natural stone benchtops, gas stoves, and state-of-the-art appliances, including a dishwasher. A separate laundry space adds an extra touch of convenience to this thoughtfully designed residence.

The two generously-sized bedrooms provide ample space for rest and relaxation, while the modern bathroom features contemporary fittings and finishes to create a tranquil retreat. Enjoy the added luxury of split-system air conditioning, ensuring year-round comfort in your new urban sanctuary.

A secure car space completes the impressive offering, providing off-street parking and peace of mind for residents. With its prime South Melbourne location, sleek design, and outstanding features, this apartment truly offers an unbeatable lifestyle for first home buyers or savvy investors.

Features Summary:
- Prime Inner City Circle location
- Close to South Melbourne Market, shops, supermarkets, and eateries
- Two spacious bedrooms
- One contemporary bathroom
- Open-plan living area
- Gourmet kitchen with stone benchtops and modern appliances
- Split-system air conditioning
- Secure car space

Property History for 606/79 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$480,000
30 Aug 2024
Listed for Rent
$520/w
31 May 2019
  • 30 Aug 2024
    Sold for $480,000
  • 21 Feb 2024
    Listed for Sale Not Disclosed
  • 13 May 2019
    Listed for Rent $520 / week
Sign in to see more transactions

Commute Calculator

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 40 properties listed for sale, and 52 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 411 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agency
Show contact details
iCare Property
Preferred contact:
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.