503/165 Gladstone Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

503/165 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 17 Aug 2026
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Property Details for 503/165 Gladstone St, South Melbourne

503/165 Gladstone St, South Melbourne is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Port Phillip

Last Listing description (January 2024)

**THIS PROPERTY HAS BEEN SOLD USING OUR NO SALE, NO CHARGE OFFER. TO FIND OUT MORE, PLEASE CONTACT MARGARET CHADWICK ON 0467 236 327**

We are extremely delighted to represent this fantastic opportunity at South Melbourne, make no mistake to purchase this amazing piece of apartment for your first home or expand your investment portfolio. Throw away the car keys with this amazing 1-bedroom apartment conveniently positioned with all amenities only minutes away. 10 min walk to supermarkets, cafes, restaurants, shops, the Iconic South Melbourne Market, 15 min walk to Crown Casino/South Wharf-DFO, 20 min walk to South Melbourne/Port Melbourne beach, 4 min walk (300 metres) to Montague Station & only a 6 min walk (500 metres) to North Port station.

Modern open living spaces, a streamlined kitchen with Smeg stainless appliances, Fisher & Paykel integrated large dishwasher & a modern tiled splashback, The main bedroom has built in mirrored robes with a magnificent view of the Melbourne City Skyline, central bathroom, leading out from the living area a good-sized balcony with views of Melbourne City Skyline & a European laundry. Other features include reverse cycle split system heating/air conditioning, secured intercom entrance into the building. Our motivated owner has issued clear instructions to SELL what may be the most affordable property you can buy in South Melbourne.

This unit is a must-see and will not last long on the market. Please call Margaret Chadwick on 0467 236 327 for inspections details

Property History for 503/165 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
  • 31 May 2023
    Listed for Sale $330,000 - $360,000
  • 06 Sep 2021
    Listed for Rent $300 / 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 12,941 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 31 properties listed for sale, and 54 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

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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.