515/338 Kings Way, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

515/338 Kings Way
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 42m2
Land area: 1415m2
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Property Details for 515/338 Kings Way, South Melbourne

515/338 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 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
Unit
Year Built
2013
Floor Size
42m2
Land Size
1415m2
Local Government
Port Phillip
Lot/Plan
515/PS646650

Last Listing description (March 2025)

Sit back and relax in your fifth floor one bedroom apartment and watch the sun go down across the beautiful South Melbourne sky line. The sensational SILVERLEAF development is perfectly located within minutes' walk to the Domain precinct, Royal Botanic Gardens, CBD, Albert Park Lake, Port Melbourne and all that South Melbourne's has to offer. The Silverleaf Apartments are finished to an extremely high standard and they are ultra-modern and sleek. Silverleaf offers the best of Inner City Living. Perfect investment in the heart of South Melbourne.

Silverleaf offers premium quality living with features including: * SMEG stainless steel cooking appliances including a convention oven * Fisher & Paykel Dish drawer * Stone benches and mirror splashbacks throughout. * Integrated Fisher & Paykel Fridge/Freezer. * Fisher & Paykel front loading washing machine and separate dryer, all installed with a laundry trough and storage shelves in an integrated cupboard. - Tinted mirror splashback to the kitchen - 2PAC high gloss finish to all joinery with Hafele and Blum fittings * American Oak Timbers floors throughout including bedrooms. * Large built in robes with mirror panelling and shelving and drawers * Large secure storage cupboard on same level 10 seconds from front door * Onsite secure car park on mezzanine level * Ducted heating and cooling system * Balcony with views across South Melbourne Town Hall to the Westgate bridge * Wired for Foxtel, National Broadband Network and telephone along with free to air TV. * Fully tiled sensational bathrooms with frameless shower screens. * Building Manager onsite 7 days a week * Communal bike storage * Privacy with no one looking in.

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Property History for 515/338 Kings Way, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$375,000
24 Jun 2016
  • 01 Aug 2024
    Listed for Rent $500 / week
  • 24 Jun 2016
    Sold for $375,000
  • 29 Jan 2016
    Listed for Sale Not Disclosed
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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 12,922 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:

  • The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 34 properties listed for sale, and 35 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 459 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.