503/338 Kings WaySouth Melbourne VIC 3205
Property Details for 503/338 Kings Way, South Melbourne
503/338 Kings Way, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. While the property is not currently for sale or for rent, it was last sold in July 2025.
Last Listing description (October 2022)
Light-Filled Living In A Prime Location
This light-filled, modern apartment has everything you need, all enviably located within one of the best pockets of South Melbourne. Featuring a sparkling kitchen equipped with stone benchtops, quality appliances including an integrated fridge, gas cooktop, and ample cupboard space, which seamlessly flows out into the open plan living and dining area. This impressive apartment offers a bedroom with built in robes and its own ensuite bathroom. Complete with ducted heating and cooling throughout, a European laundry, off-street parking for one car, and perfectly positioned only moments from Clarendon Street cafes and boutique stores, South Melbourne Market, The Royal Botanic Gardens, Albert Park Lake, MSAC, St Kilda Road trams, and the Westgate Freeway, inspecting is a must.
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Property History for 503/338 Kings Way, South Melbourne, VIC 3205
- 04 Oct 2022Listed for Rent $410.00
- 07 Jun 2021Listed for Rent $350.00
- 26 Oct 2020Listed for Sale $325,000 - $350,000
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 12,933 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.
Suburb Insights for South Melbourne 3205
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