In South Melbourne, the median house sale price is $1,605,500 based on 102 houses sold in the past 12 months. The median unit sale price is $558,750 based on 247 units sold in the past 12 months. Over the last 12 months, Houses in South Melbourne have seen a -7.72% decrease in median value, while Units have seen a -3.17% decrease. There are currently 40 properties listed for sale in South melbourne, and 410 properties properties have sold in the past 12 months. Learn more about South melbourne