403/338 Kings WaySouth Melbourne VIC 3205
Property Details for 403/338 Kings Way, South Melbourne
403/338 Kings Way, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1415m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (February 2026)
Welcome to premium living just moments from Melbourne's best lifestyle offerings. This immaculate 1-bedroom apartment, presented by Belle Property, is perfectly positioned on Kings Way-just a short stroll to Albert Park Lake, the Royal Botanic Gardens, South Melbourne Market, St Kilda Road, the beach, the CBD and only 5 minutes walk from the ANZAC tram station interchange.
With front-facing views of the city skyline and high-end finishes throughout, this home is move-in ready and designed to impress.
Property Highlights:
Generously sized master bedroom with built-in robes
Sun-filled open-plan living and dining area
Stunning floating timber floors
Modern kitchen with SMEG gas cooktop, stainless steel appliances, integrated fridge/freezer, and draw dishwasher
Tinted mirrored splashback & high-gloss cabinetry with Hafele and Blum fittings
Private balcony with a beautiful outlook
Sleek bathroom with Rogerseller chrome finishes
Integrated European laundry with washing machine & dryer included
Reverse-cycle heating and cooling
Secure car space + same-level storage cupboard
Enjoy the best of inner-city living in a boutique apartment that blends style, comfort, and unbeatable location.
Contact us today to arrange an inspection. This gem won't last long!
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Property History for 403/338 Kings Way, South Melbourne, VIC 3205
- 05 Feb 2026Listed for Rent $530 / week
- 24 Apr 2025Listed for Rent $530 / week
- 26 Oct 2022Sold for $342,000
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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.
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