501 City RoadSouth Melbourne VIC 3205
Property Details for 501 City Rd, South Melbourne
501 City Rd, South Melbourne is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 148m2. While the property is not currently for sale or for rent, it was last sold in August 1998.
Last Listing description (October 2025)
This wonderful two bedroom home is only moments away from Bay Street shopping, transport and the lifestyle of Port Melbourne and South Melbourne. It has a large secluded courtyard at the front of the property which opens into a spacious lounge room with gas wall furnace. A superbly renovated kitchen includes stainless steel appliances and Electrolux dishwasher. There is a family room/dining area off the kitchen, leading to large rear secure courtyard, with off street parking for one car (or two small cars). Upstairs features two bedrooms both with split system air conditioning and a large central bathroom. Downstairs consists of a separate laundry with clothes dryer and powder room . With generous storage, broadband capability, and a security alarm, this is the epitome of city living.
Property History for 501 City Rd, South Melbourne, VIC 3205
- 30 Sep 2025Listed for Rent $685 / week
- 04 Feb 2021Listed for Rent $560 / week
- 30 Jun 2015Listed for Rent - Price not available
Recent sales nearby
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0About South Melbourne 3205
The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of 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 12,877 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.10% increase in median value, while Units have seen a 5.96% increase. As at 31 January 2026:
- The median value for Houses in South Melbourne is $1,777,710 while the median value for Units is $634,357.
- Houses have a median rent of $725 while Units have a median rent of $650.
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