308/79 Market St, South Melbourne is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 64m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Apartment sold in South Melbourne in the last 12 months.
• Located in a tightly held boutique complex in the heart of South Melbourne
• Zoned for highly regarded Albert Park College
• Qualifies for the 5% deposit government scheme (no LMI)
Welcome to a home that offers more than just a place to live, it delivers a genuinely convenient and vibrant lifestyle in one of Melbourne's most liveable neighbourhoods. Start your mornings with coffee from one of South Melbourne's best cafés just downstairs. Wander through the famous South Melbourne Market for fresh produce, then spend the afternoon entertaining on your rooftop with city views as your backdrop. Step outside your door and you'll find everything you need; Woolworths, Aldi, a bakery, Australia Post, and more, all on your street as well as a Tram stop just around the corner with instant access to the CBD. Zoned for the award-winning Albert Park College - a major drawcard for families and long-term value.
Step inside to discover a spacious open-plan kitchen, living and dining area, thoughtfully laid out to allow for generous zoning and effortless flow throughout. Glass doors open to a large undercover balcony, perfect for year-round indoor-outdoor living. The kitchen is both stylish and highly functional, offering abundant storage and pantry space, and highlighted by a bold suspended shelf that adds a distinctive architectural statement. Both double bedrooms are well-proportioned and fitted with excellent built-in robes, while the main bedroom includes its own built-in study nook - ideal for those working from home. Additional features include a separate European laundry, reverse-cycle heating and cooling, double glazing, secure video intercom entry, lift access, a large storage cage, and secure basement parking.
Offering a stylish fit-out, secure building, and access to a rooftop entertaining area with stunning city views, this apartment delivers a rare mix of lifestyle, convenience, and investment appeal. Whether you're looking to take advantage of the 5% deposit government scheme looking to save money and secure your first property now or a savvy investor looking for a great investment in a blue chip location do not miss this great opportunity. For all inquiries call Taylor Sims on 0403 485 210.
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 12,879 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:
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