409/79 Market St, South Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Apartment sold in South Melbourne in the last 12 months.
This fantastic apartment with a location boasting easy access to everything that has made Melbourne one of the most Liveable cities in the world! This generous size apartment (55sqm + 8sqm balcony) features a fabulous open plan kitchen with stainless steel appliances, stone bench tops (including island bench) and an abundance of cabinet space. The kitchen flows into a very versatile living space opening to an entertainer's balcony so you can enjoy those balmy summer nights. There is also an excellent sized bedroom complete with built in mirrored robes, a chic central bathroom and European style Laundry. Other features include; split system heating/cooling, floorboards in the living areas, 1 car stacker space and storage cage. Residents of the building will also benefit from secure building entry and a communal rooftop/BBQ area.
A cafe on the ground floor adds to the building's lifestyle appeal. This is a superb opportunity for first home buyers, downsizers or investors to secure a quality apartment in an unbeatable location just off Clarendon Street with all its shops, bars, restaurants and trams, and easy walking distance to the Crown entertainment complex along Melbourne's iconic Yarra Promenade.
Currently leased.
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 12,922 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:
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