481 City Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

481 City Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 29 Jun 2026
Low

High
Save

Property Details for 481 City Rd, South Melbourne

481 City Rd, South Melbourne is a 2 bedroom, 1 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
House
Local Government
Port Phillip
Lot/Plan
1/TP378094

Last Listing description (November 2021)

Style, Lifestyle & a Double Garage!

Modern living meets a stylish life at the ultimate City lifestyle address! Almost on the edge of the CBD, this expertly renovated two bedroom,2 car garage and 1.5 bathroom home lives up to its name with a state-of-the-art stone-finished kitchen (featuring Bosch appliances beneath a Miele rangehood), a designer bathroom (starring a wall-hung vanity), a well-fitted powder-room with a second concealed cistern WCand a great big double auto-garage in its approx 184sqm grounds!

Sleekly streamlined with bespoke cabinetry including tall built-in robes for both bedrooms, and solid hardwood floors, this architectural home feature a lofty vaulted roofline for living, sophisticated squareset cornices and shadowline architraves and under-bench and in-ceiling LED lighting.

With individual reverse-cycle air-conditioning every room and double-glazed sliders opening to the decked and bluestone-paved entertainers' courtyard, this centrally heated home has even more outdoors with a bonus side atrium-courtyard for extra light and green views and the private rear double auto-garage for added peace-of-mind and al fresco entertaining behind its own set of double-glazed sliders!

Lock and leave within a few blocks of the light-rail, love the lifestyle within steps of Sol Green Reserve and a walk of Gasworks' Park and the bay, fulfil your dream of City living here! For more information about this expertly renovated home
contact Alex Spanidis at Buxton Hampton East on 0409 116 929

Property History for 481 City Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,210,000
05 Dec 2016
  • 28 Sep 2021
    Listed for Sale Contact Agent
  • 19 Apr 2018
    Listed for Rent $790 per week
  • 22 Aug 2016
    Listed for Sale Contact Agent
Sign in to see more transactions
Commute Calculator

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 12,875 properties. Over the last 5 years, Houses in South Melbourne have seen a 1.10% increase in median value, while Units have seen a 3.74% increase. As at 31 May 2026:

  • The median value for Houses in South Melbourne is $1,736,032 while the median value for Units is $635,102.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 34 properties listed for sale, and 36 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 483 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.