2 Lyell Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

2 Lyell Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 137m2
Land area: 110m2
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Last updated 13 Apr 2026
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Property Details for 2 Lyell St, South Melbourne

2 Lyell St, South Melbourne is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2014. The property has a land size of 110m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in August 2014.

Building Type
House
Year Built
2014
Floor Size
137m2
Land Size
110m2
Local Government
Port Phillip
Lot/Plan
1/TP378236

Last Listing description (October 2016)

Located in the heart of South Melbourne this sensational town residence architecturally designed by John Matyas.
-Well-appointed generous kitchen fully equipped and boasting custom made timber cabinetry
- Downstairs comprises of an open plan living/kitchen zone with polished concrete floors

-Two generous sized double bedrooms with spectacular city views from the master
- Two well equipped bathrooms upstairs and one powder room toilet downstairs
- Third bedroom/ nursery or study
- Over scaled floor to ceiling windows throughout
- Close to St Vincent Gardens, South Melbourne Market, Clarendon Street Shops, the city, the beach and Albert Park Village

Property History for 2 Lyell St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,665,000
23 Aug 2014
Listed for Rent
$1.20k/w
15 Sep 2016
  • 05 Sep 2016
    Listed for Rent $1,199 / week
  • 13 Sep 2014
    Listed for Rent - Price not available
  • 23 Aug 2014
    Sold for $1,665,000
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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 12,895 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.36% increase in median value, while Units have seen a 4.53% increase. As at 31 March 2026:

  • The median value for Houses in South Melbourne is $1,708,851 while the median value for Units is $653,902.
  • Houses have a median rent of $820 while Units have a median rent of $665.
There are currently 40 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 485 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.