1602/499 St Kilda Road, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
FOR SALE

1602/499 St Kilda Road
Melbourne VIC 3004

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 86m2
This property is currently on the market
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Property Details for 1602/499 St Kilda Rd, Melbourne

1602/499 St Kilda Rd, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 86m2 and floor size of 88m2.This Property is currently listed for sale with Ray White Southbank | Port Phillip

Building Type
Unit
Year Built
1973
Floor Size
88m2
Land Size
86m2
Local Government
Melbourne
Lot/Plan
1602/PS737521

Last Listing description (September 2026)

• Sweeping Views Of Albert Park Lake, Port Phillip Bay & Melbourne City Skyline
• Floor-To-Ceiling Windows Across Living & Both Bedrooms
• Direct Access To Fawkner Park

• Stone Kitchen With Waterfall Benchtop, Integrated Gaggenau Oven & Gas Cooktop
• Fully Integrated Leibherr Fridge
• European Laundry With Miele Washing Machine & Dryer Included
• Secure Drive-In Car Space & Storage Room On Title
• Moments From Fawkner Park, Royal Botanic Gardens & Albert Park Lake, With Tram At Your Door
• Building Amenities: 24-Hour Concierge, Infinity Lap Pool, Gymnasium, Sauna, Steam Room, Private Cinema & Wine Cellar

Elevated on level 16, this two-bedroom apartment at Fawkner Residences, 499 St Kilda Road, offers sweeping views over Albert Park Lake and out to Port Phillip Bay. Combining premium finishes, abundant natural light, and a genuinely functional floorplan, this residence delivers on the promise of St Kilda Road living.

The open-plan living and dining is framed by floor-to-ceiling windows that carry the view straight through the room, extending out to a private balcony where the outlook becomes part of the space. The stone kitchen is fitted with a waterfall-edge island bench, integrated Gaggenau oven, gas cooktop, and mirrored cabinetry, striking a balance between style and everyday practicality, with breakfast bar seating for two.

The main bedroom enjoys the same lake and bay outlook, complete with ensuite and built-in robe, while the second bedroom sits alongside a flexible study nook, perfect for a home office. The main bathroom is finished in soft stone-look tiling with a floating vanity and frameless glass shower.

Residents of Fawkner Residences enjoy a genuinely five-star suite of facilities: a 24-hour concierge, infinity lap pool, fully-equipped gymnasium, sauna and steam room, private cinema, wine cellar and residents' lounge, all set within one of St Kilda Road's most premium addresses.

Positioned on St Kilda Road, the location offers easy access to Albert Park's lake, tennis and golf precincts, with the tram at your door and Southbank and the Melbourne CBD just minutes away.

This property is proudly presented by Tommy-Lee Davies of Ray White Southbank | Melbourne City, a specialist within the Melbourne 3004 market. If you would like further information about this apartment, or need advice on buying or selling within the Fawkner Residences building or surrounding St Kilda Road and Queens Road precinct, please contact Tommy-Lee directly.

Property History for 1602/499 St Kilda Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$1,085,495
18 Aug 2015
Listed for Rent
$900/w
18 Jun 2025
  • 08 May 2026
    Listed for Sale $928,000 - $1,020,000 Welcome Offer
  • 21 May 2025
    Listed for Rent $900 / week
  • 20 Jan 2025
    Listed for Sale $928,000 - $1,020,000 Welcome Offer
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About Melbourne 3004

The size of Melbourne is approximately 3.8 square kilometres. There are 14 parks, covering nearly 74.2% of the total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 14,443 properties. Over the last 5 years, Houses in Melbourne have seen a 3.42% increase in median value, while Units have seen a -8.31% decrease. As at 31 August 2026:

  • The median value for Houses in Melbourne is $2,166,676 while the median value for Units is $626,986.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 81 properties listed for sale, and 48 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 618 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3004

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.