534 City Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

534 City Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 131m2
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Last updated 13 Jul 2026
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Property Details for 534 City Rd, South Melbourne

534 City Rd, South Melbourne is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 131m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Land Size
131m2
Local Government
Port Phillip
Lot/Plan
4/RP18126

Last Listing description (December 2025)

Open-plan layout across two levels:
-Full kitchen & bathroom (with shower)
-Two (2) off-street car spaces

-Split system heating & cooling
-Low-maintenance flooring and finishes
-Private entry with great natural light

Location Highlights:
-Minutes from South Melbourne Market & Clarendon Street
-Walk to trams, cafes, shops & restaurants
-Easy access to CBD, West Gate Freeway & CityLink
-Surrounded by local parks and amenities

Perfect For:
-Professional couples
-Small families
-Anyone needing a live-work space

**TO BOOK A TIME TO INSPECT, SIMPLY CLICK REQUEST A TIME. IF NO INSPECTION TIMES ARE AVAILABLE, PLEASE ENTER YOUR DETAILS AND YOU WILL BE NOTIFIED WHEN THE NEXT ONE IS AVAILABLE.**

Property History for 534 City Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,300,000
25 Mar 2023
Listed for Rent
22 Dec 2025
  • 03 Sep 2025
    Listed for Rent $860 / week
  • 18 May 2023
    Listed for Rent $875 / week
  • 25 Mar 2023
    Sold for $1,300,000
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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 12,921 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:

  • 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 34 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.