511/338 Kings WaySouth Melbourne VIC 3205
Property Details for 511/338 Kings Way, South Melbourne
511/338 Kings Way, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1415m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 1 bedroom Unit sold in South Melbourne in the last 12 months.
Last Listing description (January 2026)
Serenely set at the rear, this ultra-stylish 1 bedroom apartment (with parking and a storeroom) is comfort, convenience and cutting-edge class all rolled into one. Head downstairs and the best of Melbourne is waiting to explore from your doorstep. Take an easy stroll to Albert Park Lake, St Kilda Road trams, Anzac trains, the arts precinct, MSAC, South Melbourne Primary School, shopping choice, and fresh South Melbourne Market produce.A stone-finished kitchen is chef friendly with a pull-out pantry, mirrored splashback, soft-closing cabinetry, a Smeg convection microwave oven/4-burner gas cooktop, and an integrated Fisher and Paykel fridge/freezer and a dish-drawer. Perched on the 5th floor of the sought-after Silverleaf complex, spacious open-plan living and dining flows to an undercover balcony with sweeping neighbourhood views. The generously sized and light-filled bedroom is serviced by built-in robes and a fully tiled bathroom with a frameless shower, stone-topped vanity, and mirrored cabinetry.Comprehensive features include a European laundry, secure car parking, a handy same-level storeroom, ducted heating and cooling, rich American oak flooring, recessed down-lighting, roller blinds, and the security of an individual Yale front door lock. Silverleaf is graced with intercom entry, a plush foyer, lift access, and an onsite building manager. Inspect with confidence!* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.OutgoingsCouncil Rates: $202.00 per quarter approx.Water Rates: $172.00 per quarter approx.Owners Corporation Fees: $765.00 per quarter approx.Potential Rental Income: $450 per week approx.
Property History for 511/338 Kings Way, South Melbourne, VIC 3205
- 23 Dec 2025Sold for $325,000
- 11 Dec 2025Listed for Sale $325,000
- 13 Jan 2023Listed for Rent - Price not available
Recent sales nearby
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0About South Melbourne 3205
The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of 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 12,878 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.10% increase in median value, while Units have seen a 5.96% increase. As at 31 January 2026:
- The median value for Houses in South Melbourne is $1,777,710 while the median value for Units is $634,357.
- Houses have a median rent of $725 while Units have a median rent of $650.
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