405/79 Market StreetSouth Melbourne VIC 3205
Property Details for 405/79 Market St, South Melbourne
405/79 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 56m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.
Last Listing description (August 2026)
Positioned within a boutique complex, this refined two bedroom apartment presents an exceptional inner city lifestyle in the heart of South Melbourne. Filled with natural light and showcasing impressive CBD views, the home offers a generous yet low maintenance layout, appealing to first home buyers, investors and those seeking a vibrant city edge address.The open plan living and dining domain extends effortlessly to a private balcony, while the thoughtfully designed kitchen with island bench provides both style and functionality for everyday living and entertaining. Well proportioned bedrooms include built in robes, complemented by excellent storage, a full European laundry, and warm timber flooring that enhances the contemporary feel throughout.Residents benefit from a predominantly owner occupied building, along with access to a communal rooftop terrace capturing sweeping panoramic views. Additional features include reverse cycle heating and cooling, double glazing, secure video intercom entry, lift access, a storage cage and secure basement parking, delivering comfort, security and convenience in a highly sought after location.
Property History for 405/79 Market St, South Melbourne, VIC 3205
- 14 May 2026Sold for $630,000
- 06 May 2026Listed for Sale Private Sale: $600,000 - $640,000
- 05 Dec 2023Sold for $625,000
Recent sales nearby
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0About 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 12,940 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.
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