402/79 Market Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

402/79 Market Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 848m2
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Property Details for 402/79 Market St, South Melbourne

402/79 Market St, South Melbourne is a 1 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 53m2. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
Unit
Year Built
2016
Floor Size
53m2
Land Size
848m2
Local Government
Port Phillip
Lot/Plan
402/PS723567

Last Listing description (May 2024)

[Scan the barcode in the advertisement picture to apply the property]

Open plan living area with air conditioner and access through triple sliding doors to a large private balcony showcasing spectacular views of city life, including the Westgate Bridge and Sky Wheel. The kitchen features a dish drawer, stainless steel Smeg appliances including an electric oven, four burner gas hotplates and a range hood. The bedroom features mirrored built-in robes with shelves and drawers and sliding frosted glass doors that open up to the living zone. The bathroom comprises a generous wall-to-wall shower with twin shower heads plus ample cupboard space. Other features include euro laundry with a wash trough, secure entry and secure car space in the car stacker.

In the heart of the South Melbourne shopping district and within walking distance of Health Clubs and Cafes.

DISCLOSURE:
1. This property comes with a CAR STACKER and induction fees apply.

PLEASE NOTE:
Open for inspections are subject to change and cancellations without notice, registering your details will ensure you are instantly notified. Pictures are for illustration purposes only

Property History for 402/79 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$465,450
01 Jul 2014
Listed for Rent
$380/w
22 Jul 2021
  • 09 May 2024
    Listed for Rent $550 / week
  • 05 Jul 2021
    Listed for Rent $380 / week
  • 10 Jul 2018
    Listed for Rent - Price not available
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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 12,931 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 30 properties listed for sale, and 43 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 466 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.