402/78-82 Eastern Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

402/78-82 Eastern Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 752m2
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Property Details for 402/78-82 Eastern Rd, South Melbourne

402/78-82 Eastern Rd, South Melbourne is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 752m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
Unit
Year Built
2005
Land Size
752m2
Local Government
Port Phillip
Lot/Plan
402/PS502590

Last Listing description (July 2025)

Experience the epitome of inner city living at 402/78 Eastern Road, a generously-sized one-bedroom plus study apartment situated in sought-after South Melbourne.

This exceptional property offers a contemporary lifestyle featuring a secure entrance that leads you into a chic, well-equipped kitchen adorned with stone benchtops, dishwasher, electric cooktop, and oven.

The open-plan layout seamlessly transitions into a sumptuous dining and living area, bathed in natural light from the floor-to-ceiling glass windows and doors that open out to a generous balcony with northerly aspect.

A dedicated study zone with its own balcony provides a quiet space to work from home, while the substantial master bedroom, complete with built-in robes is complimented by a well-appointed bathroom and separate WC.

Notably, this sophisticated apartment includes split-system heating and cooling, concealed Euro-style laundry, two car stacker, intercom entry and a superb location moments from Albert Park Lake, Melbourne Aquatic Centre, South Melbourne market, the beach, CBD and an array of local restaurants, cafes and transport options.

Mason conduct private inspections, please call our office to arrange an appointment.

Property History for 402/78-82 Eastern Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$500,000
22 Sep 2015
Listed for Rent
$430/w
14 Dec 2020
  • 09 Jul 2025
    Listed for Rent $550 / week
  • 25 Nov 2020
    Listed for Rent $430 / week
  • 25 Feb 2019
    Listed for Rent $450 / 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 12,930 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 43 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 472 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.