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.
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!
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:
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