401/79 Market Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

401/79 Market Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 848m2
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Property Details for 401/79 Market St, South Melbourne

401/79 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 72m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2016
Floor Size
72m2
Land Size
848m2
Local Government
Port Phillip
Lot/Plan
401/PS723567

Last Listing description (September 2023)

Wake to a glimpse of the Town Hall clock, work all day with northern light, entertain inside and out against the backdrop of the city's lights! On high beyond The Walker group's re-purposed red-brick heritage faade, this north-facing apartment offers a bespoke detailed two bedroom floorplan with tall windows for each bedroom, a wide open northerly aspect for living and a big balcony-terrace, and a cleverly fitted multi-purpose second bedroom/home-office with a pull-down Murphy-bed in a wall of custom joinery.

Further customised with overhead cabinetry above the waterfall-edge island bench of the sleek Smeg appliance kitchen (with integrated drawer-dishwasher) and a handy powder-room for the floor-to-ceiling tiled bathroom (with good storage), this reverse-cycle air-conditioning apartment features cool stone benchtops, pale Oak floors and quality window-furnishings. Adding to the entertaining life with provision for an awning approved by the Owner's Corporation, the property provides the security of high-tech video-entry and the ease of basement garaging with walk-in storage and no stacker!


In the heart of Melbourne's busiest, buzziest market precinct, with the famous South Melbourne Market around the corner, traditional supermarket, boutique and speciality shopping all around, and cafes and restaurants at the door, this is future-forward style with a heritage edge .. 10 minutes by tram to the CBD! For more information about this brilliant bespoke-detailed apartment contact Alex Spanidis at Buxton Hampton East on 0409 116 929

Property History for 401/79 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$630,000
09 Sep 2023
Listed for Rent
$500/w
14 Oct 2016
  • 09 Sep 2023
    Sold for $630,000
  • 16 Aug 2023
    Listed for Sale Auction this Saturday at 11.30am
  • 12 Oct 2016
    Listed for Rent $500 / week
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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 12,921 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:

  • The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 34 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 469 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.