1012/338 Kings Way, South Melbourne, VIC 3205 sold on 01 April 2025 | OnTheHouse
 
SOLD
Sold on 01 Apr 2025 for $345,000

1012/338 Kings Way
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
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Property Details for 1012/338 Kings Way, South Melbourne

1012/338 Kings Way, South Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 1 bedroom Apartment sold in South Melbourne in the last 12 months.

Building Type
Apartment
Floor Size
47m2

Last Listing description (April 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

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Property History for 1012/338 Kings Way, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$345,000
01 Apr 2025
Listed for Rent
$370/w
05 Aug 2020
  • 02 Apr 2025
    Listed for Sale $340,000-$370,000
  • 01 Apr 2025
    Sold for $345,000
  • 12 Mar 2020
    Listed for Rent $370 / week
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About 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 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 12,873 properties. Over the last 5 years, Houses in South Melbourne have seen a 12.88% increase in median value, while Units have seen a 8.87% increase. As at 31 October 2025:

  • The median value for Houses in South Melbourne is $1,742,323 while the median value for Units is $631,244.
  • Houses have a median rent of $705 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 38 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 494 properties were sold in the past 12 months in South melbourne.

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