406/79 Market Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

406/79 Market Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 848m2
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Property Details for 406/79 Market St, South Melbourne

406/79 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 63m2. While the property is not currently for sale or for rent, it was last sold in August 2025.

Building Type
Unit
Year Built
2016
Floor Size
63m2
Land Size
848m2
Local Government
Port Phillip
Lot/Plan
406/PS723567

Last Listing description (July 2026)

Tightly held boutique complex in prime South Melbourne location Stylish stone kitchen featuring Smeg appliances and sleek cabinetry Floor-to-ceiling sliding doors open to a covered terrace Two generous bedrooms with built-in robes Contemporary bathroom with designer finishes and walk-in shower Separate European laundry and reverse-cycle heating/cooling Secure basement car space plus storage cage Exclusive access to a rooftop BBQ terrace with sweeping city views Moments to South Melbourne Market, Clarendon Street, Crown Casino and CBD-bound tramsDefined by its abundant natural light, quality finishes and homely sense of comfort, this beautifully appointed two-bedroom residence offers a compelling combination of style, space and inner-urban ease. Set within a boutique low-rise building, the apartment is further enhanced by exclusive resident amenities including a rooftop BBQ terrace and a location that places South Melbourne Market, Clarendon Street, Crown Casino and CBD-bound trams all within walking distance.Quietly positioned in the tightly held Walker Apartments, the home welcomes you with sleek timber flooring and crisp white interiors that enhance the open, airy feel. A stone-topped Smeg kitchen anchors the spacious living and dining domain, where floor-to-ceiling sliding doors open to an undercover terrace, creating a seamless indoor-outdoor connection ideal for relaxing or entertaining. Designed with both style and practicality in mind, the kitchen features abundant storage and pantry space, complemented by a striking suspended shelf that adds a bold architectural statement to the space. Both double bedrooms are well-proportioned and filled with natural light, featuring excellent built-in robes. The main offers direct terrace access, while the second includes a study nook and semi-ensuite access to the designer bathroom. Additional highlights include a separate European laundry, reverse-cycle heating/cooling, double glazing, secure video intercom entry, lift access, a storage cage and secure basement parking.Available now with vacant possession, this property is perfect for both owner occupiers and investors, for all inquiries please contact Taylor Sims on 0403 485 210.

Property History for 406/79 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$600,000
08 Aug 2025
Listed for Rent
$625/w
31 May 2023
  • 08 Aug 2025
    Sold for $600,000
  • 01 Aug 2025
    Listed for Sale $575,000 - $625,000
  • 19 May 2023
    Listed for Rent $625 / 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 12,940 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.
There are currently 30 properties listed for sale, and 51 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 485 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.