OFF MARKET

616/338 Kings Way
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 34m2
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Property Details for 616/338 Kings Way, South Melbourne

616/338 Kings Way, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 34m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2013
Floor Size
34m2
Local Government
Port Phillip
Lot/Plan
616/PS646650

Last Listing description (September 2021)

A plush city-fringe abode with a wealth of convenience at its door

Infused with luxurious contemporary style and dazzling horizon views, this chic, one-bedroom apartment delivers a deluxe city-fringe lifestyle in an enviably convenient location. Paces from the Royal Botanic Gardens and Albert Park Lake, the home balances serene recreation with vibrant lifestyle surrounds, situated among fine restaurants, upscale bars and endless shopping, while only a speedy tram ride away from the CBD and St Kilda.


Welcomed by a gleaming spread of chic floorboards, a spacious open plan domain plays host to relaxed get-togethers and intimate dinners with friends, opening onto a private balcony to enjoy vivid sunsets over a spectacular skyscraper horizon. A sleek, contemporary kitchen is dressed in stylish smoky-mirrored splashbacks and stone benches, indulging the home chef with quality Smeg appliances, plus a Fisher and Paykell dish drawer and integrated fridge and freezer.

Secluded behind a glass sliding door, the robed bedroom offers a peaceful sanctuary to retreat to at the end of the day, serviced by a modern, fully tiled bathroom with a European laundry. Finished by secure basement parking, plus a private storage room on the sixth floor, the home affords a luxe city-fringe lifestyle in plush modern comfort, providing reverse-cycle air-conditioning, NBN connectivity, and video-intercom entry.

Property History for 616/338 Kings Way, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$328,000
01 Sep 2021
Listed for Rent
$375/w
31 Jan 2020
  • 01 Sep 2021
    Sold for $328,000
  • 31 May 2021
    Listed for Sale $330,000-$360,000
  • 28 Jan 2020
    Listed for Rent $375 / week
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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 11,216 properties. Over the last 5 years, Houses in South Melbourne have seen a 35.74% increase in median value, while Units have seen a 2.45% increase. As at 31 August 2024:

  • The median value for Houses in South Melbourne is $1,791,704 while the median value for Units is $597,361.
  • Houses have a median rent of $750 while Units have a median rent of $625.
There are currently 37 properties listed for sale, and 43 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 441 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.