1012/338 Kings WaySouth Melbourne VIC 3205
Property Details for 1012/338 Kings Way, South Melbourne
1012/338 Kings Way, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1415m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in April 2025.
Last Listing description (September 2025)
Located in the heart of South Melbourne, Unit 1012 at 338 Kings Way offers a contemporary lifestyle with unparalleled convenience. This one-bedroom apartment is perfect for first-time buyers, savvy investors, or professionals seeking a stylish city-fringe retreat.
Key Features:
- Spacious Bedroom: Generously sized with built-in robes, providing ample storage.
- Modern Bathroom: Sleek design with quality fixtures and finishes.
-Open-Plan Living: Bright and airy living area, ideal for relaxation or entertaining.
-Secure Parking: Convenient parking space for residents.
-Prime Location: Close to public transport, cafes, and shops, offering easy
access to the CBD and surrounding areas.
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
Property History for 1012/338 Kings Way, South Melbourne, VIC 3205
- 02 Apr 2025Listed for Sale $340,000-$370,000
- 01 Apr 2025Sold for $345,000
- 12 Mar 2020Listed for Rent $370 / week
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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 12,921 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:
- The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
- Houses have a median rent of $825 while Units have a median rent of $675.
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