1211/338 Kings Way, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1211/338 Kings Way
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 1415m2
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Property Details for 1211/338 Kings Way, South Melbourne

1211/338 Kings Way, South Melbourne is a 2 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 57m2. While the property is not currently for sale or for rent, it was last sold in April 2011.

Building Type
Unit
Year Built
2013
Floor Size
57m2
Land Size
1415m2
Local Government
Port Phillip
Lot/Plan
1211/PS646650

Last Listing description (January 2026)

South Melbourne within walking distance to the Albert Park Lake, Botanical Gardens and St Kilda Road and only a few minutes from the Beach and the Melbourne CBD. Enjoy all the lifestyle that South Melbourne has to offer, from the South Melbourne markets to off-the- beat eateries, to a relaxed stroll around the Lake.
This apartment offers premium quality living with features including:
- Open plan living and dining area

- Floating timber floors throughout (American Oak)
- Large built in robes with shelving and drawers in both bedrooms
- Main bathroom and separate powder room
- Kitchen with integrated fridge/freezer, dishwasher, gas cooktop and electric oven
- Integrated laundry with washing machine and dryer included
- Reverse cycle air-conditioning
- Basement car park and storage cage

Property History for 1211/338 Kings Way, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$560,000
08 Apr 2011
Listed for Rent
$400/w
28 Jan 2021
  • 07 Jan 2026
    Listed for Rent $690 / week
  • 10 May 2024
    Listed for Rent $650 / week
  • 08 Dec 2020
    Listed for Rent $400 / 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 12,932 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.88% decrease in median value, while Units have seen a -0.82% decrease. As at 31 July 2026:

  • The median value for Houses in South Melbourne is $1,699,133 while the median value for Units is $613,169.
  • Houses have a median rent of $850 while Units have a median rent of $675.
There are currently 30 properties listed for sale, and 43 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 466 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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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.