616/338 Kings WaySouth Melbourne VIC 3205
Property Details for 616/338 Kings Way, South Melbourne
616/338 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 34m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (September 2021)
A plush city-fringe abode with a wealth of convenience at its door
Infused with luxurious contemporary style and dazzling horizon views, this chic, one-bedroom apartment delivers a deluxe city-fringe lifestyle in an enviably convenient location. Paces from the Royal Botanic Gardens and Albert Park Lake, the home balances serene recreation with vibrant lifestyle surrounds, situated among fine restaurants, upscale bars and endless shopping, while only a speedy tram ride away from the CBD and St Kilda.
Welcomed by a gleaming spread of chic floorboards, a spacious open plan domain plays host to relaxed get-togethers and intimate dinners with friends, opening onto a private balcony to enjoy vivid sunsets over a spectacular skyscraper horizon. A sleek, contemporary kitchen is dressed in stylish smoky-mirrored splashbacks and stone benches, indulging the home chef with quality Smeg appliances, plus a Fisher and Paykell dish drawer and integrated fridge and freezer.
Secluded behind a glass sliding door, the robed bedroom offers a peaceful sanctuary to retreat to at the end of the day, serviced by a modern, fully tiled bathroom with a European laundry. Finished by secure basement parking, plus a private storage room on the sixth floor, the home affords a luxe city-fringe lifestyle in plush modern comfort, providing reverse-cycle air-conditioning, NBN connectivity, and video-intercom entry.
Property History for 616/338 Kings Way, South Melbourne, VIC 3205
- 01 Sep 2021Sold for $328,000
- 31 May 2021Listed for Sale $330,000-$360,000
- 28 Jan 2020Listed for Rent $375 / week
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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 12,920 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.
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