306/54 Boundary Street, South Melbourne, VIC 3205 | Apartment for sale | OnTheHouse
 
FOR SALE
$490,000 - $530,000

306/54 Boundary Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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City-Fringe Living, Built for Your Pace

Live where the city meets the lake - this impressive residence in the sought-after R.Iconic development is designed for the professional who wants it all within reach: work, fitness, nightlife and everything in between.
A smart, functional floorplan includes a dedicated home office - ideal for hybrid work - and an oversized balcony made for entertaining after hours or unwinding with a drink as the sun goes down. The open-plan living and dining area is anchored by a striking central island kitchen with stone benchtops and quality appliances, made for hosting mates on a Friday night or fuelling an early morning before a run around the lake.
The bedroom is generously sized with built-in robes and excellent natural light, while the sleek bathroom, European laundry and split-system heating and cooling keep the everyday effortless. A rare walk-in storage cage on the same level means there's room for the bike, the boards, the gear - whatever your lifestyle demands.
But it's the location that really sells this one. You're moments from South Melbourne Market for weekend coffee runs, Clarendon Street's buzzing dining and bar scene, Albert Park Lake for your morning run or ride, Crown and the Melbourne CBD for nights out, and unbeatable transport links to get you anywhere, fast.
This isn't just an apartment - it's a base for a life that moves. Whether you're after a sophisticated city-fringe home that keeps up with your social calendar, or a sharp investment in one of Melbourne's most in-demand growth precincts, this is inner-city living done right..
Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 306/54 Boundary St, South Melbourne

306/54 Boundary St, South Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Areal Property - Hawthorn.

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Apartment
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. There are 15 parks, covering nearly 3.3% of the total area. The population of South Melbourne in 2016 was 10920 people. By 2021 the population was 11548 showing a population growth of 5.8% 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 over $4000 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation.In 2021, 42.40% of the homes in South Melbourne were owner-occupied compared with 40.20% in 2016.

South Melbourne has 13,063 properties. Over the last 5 years, Houses in South Melbourne have seen a -5.62% decrease in median value, while Units have seen a 2.09% increase. As at 31 August 2026:

  • The median value for Houses in South Melbourne is $1,687,888 while the median value for Units is $636,972.
  • Houses have a median rent of $825 while Units have a median rent of $680.
There are currently 28 properties listed for sale, and 46 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 483 properties were sold in the past 12 months in South melbourne.

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Lisa Tsang
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Warren Tate
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Areal Property - Hawthorn
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