502/79 Market StreetSouth Melbourne VIC 3205
Property Details for 502/79 Market St, South Melbourne
502/79 Market St, South Melbourne is a 1 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 45m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 1 bedroom Unit sold in South Melbourne in the last 12 months.
Last Listing description (August 2026)
THE DEAL
Positioned in the heart of South Melbourne, this stylish one-bedroom, northwest-facing apartment delivers contemporary comfort, abundant natural light and an unbeatable lifestyle location.
The thoughtfully designed open-plan living and dining area flows seamlessly to a generous northwest-facing balcony, creating the perfect space to relax with a favourite glass of your choice. The sleek kitchen is appointed with Smeg appliances and integrated drawer dishwasher.
The spacious bedroom features mirrored built-in robes while the modern bathroom offers a spacious shower and Stylish appointments.
Additional features include secure parking, a European-style laundry, a large storage cage and secure building entry with fob access.
Residents also enjoy access to the impressive outdoor terrace, complete with BBQ facilities, communal dining area and sweeping views across Melbourne.
SEALS THE DEAL
Enjoy one of Melbourne's most sought-after inner-city lifestyles, just moments from the iconic South Melbourne Market, Albert Park and South Melbourne Beaches and the vibrant Coventry Street shopping and dining precinct.
The Yarra River, Crown Entertainment Complex and the CBD are all within easy walking distance, while excellent tram connections and an abundance of cafs, restaurants and local amenities are right at your doorstep.
Property History for 502/79 Market St, South Melbourne, VIC 3205
- 19 Aug 2026Sold for $460,000
- 31 Jul 2026Listed for Sale THE DEAL: Sold
- 08 Jan 2019Listed for Rent $440 / week
Recent sales nearby
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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 13,154 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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