3 Lyell StreetSouth Melbourne VIC 3205
Property Details for 3 Lyell St, South Melbourne
3 Lyell St, South Melbourne is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 115m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in March 2019.
Last Listing description (May 2018)
No 3 LYELL STREET ST.KILDA
Attention renovators and developers. This historic original charm is a single level Victorian residence's with a very RARE zoning; business / residential immediately appeals to all owner-occupiers, investors or commercial business owners and developers. Are you looking for that dream location (House or Business) in St. Kilda? This is the one for you!
This 100-year-old untouched beach side cottage is on the right side of the highway and is perfectly positioned. Only moments to the cosmopolitan delights of St. Kilda Village, world famous Acland and Fitzroy Street, St. Kilda junction, Albert Park Lake, close proximity to Chapel street, school s, city bound public transport and the sparkling bay.
This property offers wonderful future opportunity with previous approval 2nd level and 3rd level subject to (STCA). Currently yielding $3,000 P/m.
Property History for 3 Lyell St, South Melbourne, VIC 3205
- 08 Mar 2019Sold for $900,000
- 03 May 2018Listed for Sale Not Disclosed
- 27 Feb 2016Sold for $930,000
Recent sales nearby
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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 12,857 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:
- The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
- Houses have a median rent of $840 while Units have a median rent of $670.
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