811/338 Kings WaySouth Melbourne VIC 3205
Property Details for 811/338 Kings Way, South Melbourne
811/338 Kings Way, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2013. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in South Melbourne in the last 12 months.
Last Listing description (July 2024)
Look no further, this sleek 1 bedroom apartment is set on the 8th floor of the highly prized Silverleaf complex, perfect for a first home buyer entering the property market, or an investor seeking an incredible rental return of 8% approx! That's right, rents have been booming here in Melbourne recently, so take advantage of this now!
Explore your one of the most prestigious inner city Melbourne suburbs has to offer, with an easy stroll to MSAC, Clarendon Street cafes, Albert Park Lake and only moments away from the iconic South Melbourne Market precinct. Transport also surrounding you, including the upcoming Anzac Railway Station also nearby.
Do note this unit is positioned to the rear of the complex where noise is kept to a minimum yet you're positioned in such a very centralised location!
A generously sized bedroom comes complete with wall-to-wall mirrored built-in robes. Did I mention there is a secure storage cage on the same floor? Total convenience is the key, it is dust proof, so quite rare for a cage too!
Comprehensive features include secure car parking, a concealed laundry, ducted heating/cooling, roller blinds, recessed down-lighting, NBN readiness, intercom entry and shared bike storage. Won't last long, secure your inspection today!
Property History for 811/338 Kings Way, South Melbourne, VIC 3205
- 08 May 2024Sold for $350,000
- 24 Apr 2024Listed for Sale Not Disclosed
- 21 Jan 2021Listed for Rent $330 / week
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0About 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.
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