505/167 Gladstone Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

505/167 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 666m2
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Property Details for 505/167 Gladstone St, South Melbourne

505/167 Gladstone St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 666m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
Unit
Year Built
2017
Land Size
666m2
Local Government
Port Phillip
Lot/Plan
505/PS738898

Last Listing description (February 2026)

With a clarity of Architectural intent and a presence that is both memorable and distinguished. With stunning city views Night Fall is simultaneously a sanctuary and stage with residents afforded the luxury to participate in the haptic energy of local markets and cafes or curate a unique in-house entertaining experience.
Standing central and distinguished, Night Fall is just 2kms from Melbourne's Art Precinct - home to many of Australia's premiere companies including The Australian Ballet, Melbourne Theatre Company and the Australian Centre for Contemporary Art. Should one desire more culinary pursuits, Melbourne's treasured inner city landmark and quintessential South Melbourne Market is situated only 500 metres offering an energetic and heady mix of vibrant restaurants and incredible fresh produce.
The apartment includes:

- Open plan kitchen/living area with floating floors and lush carpet
- Reverse cycle heating/cooling
- Spacious bedroom with built in robe
- Luxurious and practical bathroom including beautifully tiled walls & feature lights
- Kitchen features SMEG electric oven, gas cooktop and tiled splash back and remote integrated dishwasher
- Balcony

Property History for 505/167 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$460,000
30 Nov 2015
Listed for Rent
$510/w
19 Jan 2026
  • 19 Jan 2026
    Listed for Rent $510 / week
  • 24 Apr 2024
    Listed for Rent $460 / week
  • 01 Dec 2020
    Listed for Rent - Price not available
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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 12,852 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 31 properties listed for sale, and 33 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 474 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.