307/79 Market Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

307/79 Market Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 848m2
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Last updated 10 Aug 2026
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Property Details for 307/79 Market St, South Melbourne

307/79 Market St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 848m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
Unit
Year Built
2016
Floor Size
56m2
Land Size
848m2
Local Government
Port Phillip
Lot/Plan
307/PS723567

Last Listing description (September 2016)

Our purchaser has had a change of circumstances and regrettably must sell, so you have the opportunity to buy today at the owner s original price which is supported by a current bank valuation with settlement soon AND you get the stamp duty savings!
Brand new and offering spacious open plan living, dining and well-appointed kitchen all opening to terrace, two generous bedrooms each with built in robes, stylish bathroom and laundry facilities. Quality fittings and fixtures throughout. This property also comes with secure parking and a storage cage. The building boasts a fantastic substantial communal roof terrace for your enjoyment.
The property is perfectly located within walking distance to nearby amenities including South Melbourne Market, local shopping and cafes, transport and schools.

A rare opportunity for stamp duty savings without the settlement delay.
NOTE: Photos are indicative only for the development. An inspection can be arranged.
You will want to be part of it!

Property History for 307/79 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$519,950
23 Sep 2016
  • 23 Sep 2016
    Sold for $519,950
  • 04 Aug 2016
    Listed for Sale $519,950
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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 12,933 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 45 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 470 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.