506/338 Kings Way, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1415m2 and floor size of 66m2.
Accommodation includes two double bedrooms with BIR's, semi open plan lounge area with lovely views.
The state of the art kitchen is fitted with stone bench tops, mirror splashback, 2PAC high floss cabinetry, an integrated fridge / freezer & stainless steel SMEG appliances including oven, gas cook top and dishwasher. The bathroom is finished at an equally high standard with stone bench tops and mirror shelving cabinet. The European laundry comes with a washing machine / dryer.
Additional features include full timber flooring throughout, reverse cycle heating and cooling, LED recessed down lights, National Broadband Network ready, one secure remote access car park, and window furnishings. Plenty of storage for two-bedroom apartment including a storage cage with a very reasonable price.
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 12,921 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.