401/51 Thistlethwaite Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

401/51 Thistlethwaite Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 55m2
Land area: 98m2
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Last updated 17 Aug 2026
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Property Details for 401/51 Thistlethwaite St, South Melbourne

401/51 Thistlethwaite St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2021. The property has a land size of 98m2 and floor size of 55m2.

Building Type
Unit
Year Built
2021
Floor Size
55m2
Land Size
98m2
Local Government
Port Phillip

Last Listing description (July 2023)

South Melbourne combines a central location with the community spirit and amenity of an established suburb. This designer block will become part of the fabric of South Melbourne, perfectly positioned near the Domain precinct where the area's commercial past is giving way to new parks, schools and contemporary living.
? The address that adds up. The smart block delivers location plus lifestyle.
An easy walk to trams, beaches, shopping, dining and the iconic Albert Park. The historic South Melbourne Markets offer an abundance of fresh produce and Crown Entertainment Complex is just blocks away. State and private schools in the area include Melbourne Grammar School, just a three-minute walk from this designer block. With cafes, restaurants, bars and gyms all nearby, these superb apartments have all your lifestyle needs covered.

? Step into the future. Masterful architecture and crafted interiors respond to the lively and eclectic urban context.
From the luxuriously finished foyer to your light-filled apartment, you'll feel the contemporary sensibility and attention to detail. With abundant frontages and balconies, indoor and outdoor spaces flow seamlessly to maximise natural light, ventilation and views.
? It's all in the detail. Natural, enduring materials combine for an effortless contemporary ambiance.
Every detail at this designer blok is elegantly practical. This is reflected in the solid timber floors, reconstituted stone benchtops, Euro appliances and lustrous porcelain splashbacks. Timber veneers, thoughtful storage, study nooks and island benches bring it all together to evoke a sense of home.

Super Comfortable 3 bedroom with 2 bathrooms, master with ensuite, balcony plus car.

It's a smart choice whether you're an investor or an owner-occupier looking for a great inner city lifestyle.
This is the place to be - in the heart of the lifestyle, investment and capital growth powerhouse that is South Melbourne.

Contact Zois Gasis m. 0417 011 801 e. zois@gproperty.com.au
PRIVATE INSPECTION ONLY

Property History for 401/51 Thistlethwaite St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
  • 23 Oct 2021
    Listed for Sale $511,500
  • 28 Aug 2021
    Listed for Sale $511,500
  • 18 Dec 2018
    Listed for Sale $511,500
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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 12,940 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 29 properties listed for sale, and 55 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 480 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.