701/165-167 Gladstone Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

701/165-167 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 64m2
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Last updated 13 Jul 2026
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Property Details for 701/165-167 Gladstone St, South Melbourne

701/165-167 Gladstone St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a floor size of 64m2.

Building Type
Unit
Year Built
2017
Floor Size
64m2
Local Government
Port Phillip

Last Listing description (November 2021)

This top floor 2 bedroom 2 bathroom 1 car apartment is perfectly located between the City and the Bay.

Boasting a modern and elegant designer kitchen. State-of-the-art appliances highlighted by porcelain benchtops, a fully integrated dishwasher, and a SMEG oven. Oversized meals area allows for flexible living and is adjacent to the living area, with direct balcony access making the home more spacious than it already is for year-round entertaining.


The master suite has a direct access private balcony and the second bedroom offers views of the bay and atrium style views onto the main balcony. Luxury and comfort are the highlights of this apartment and are perfect for anyone who wants to reside comfortably in an energy-filled and unique living area. Just minutes away from the necessities in Melbournes CBD, Port Philip Bay, and South Melbourne Market. Located within easy walking distance to the 109 Light rail tram stop. Book an inspection or risk missing out!

Property History for 701/165-167 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
  • 17 Sep 2021
    Listed for Sale $639,000 to $659,000
  • 28 Nov 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 12,921 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 33 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 461 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.