703/51-59 Thistlethwaite Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

703/51-59 Thistlethwaite Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 104m2
Land area: 1658m2
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Property Details for 703/51-59 Thistlethwaite St, South Melbourne

703/51-59 Thistlethwaite St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2021. The property has a land size of 1658m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
Unit
Year Built
2021
Floor Size
104m2
Land Size
1658m2
Local Government
Port Phillip
Lot/Plan
703/PS814744

Last Listing description (October 2026)

This property is for immediate sale and all reasonable offers will be presented to the owners for their consideration.

Atop the boutique Lilix building by Bruce Henderson Architects, this three-bedroom penthouse commands a breathtaking sweep of Melbournes skyline, with uninterrupted views shifting from sunlit outlooks by day to a glittering expanse of lights by night. Set within the evolving Montague precinct, cafs, South Melbourne Market, the beach, and the CBD are all within easy reach, shaping an urban lifestyle that truly is one of a kind.

The impact of the view is immediate, carried through expansive glazing that draws natural light across the living and dining domain, where a true north-west orientation enhances both openness and outlook. Oak floors and stone finishes flow throughout, leading past the entertainers kitchen, with its generous island, Smeg appliances, and a semi-integrated fridge/freezer with sliding doors, extending the living space to a deep terrace offering a phenomenal vantage point for entertaining.

Three well-proportioned bedrooms each boast built-in robes and city views, including a main suite with its own en suite, while a second bathroom serves the remaining accommodation. Beautifully finished with secure parking, a storage cage, video intercom, European laundry, ample storage and split-system heating and cooling, residents of Lilix enjoy access to a central courtyard and rooftop terrace with panoramic bay and skyline views. A premier lifestyle or lock-and-leave inner-city base, this penthouse is South Melbourne at its very finest.

Property History for 703/51-59 Thistlethwaite St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,170,000
22 Dec 2017
  • 13 May 2026
    Listed for Sale $995,000
  • 22 Dec 2017
    Sold for $1,170,000
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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 13,056 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.67% decrease in median value, while Units have seen a -0.38% decrease. As at 30 September 2026:

  • The median value for Houses in South Melbourne is $1,711,161 while the median value for Units is $619,896.
  • Houses have a median rent of $825 while Units have a median rent of $680.
There are currently 32 properties listed for sale, and 39 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 465 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.