703/79 Market Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

703/79 Market Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 848m2
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Property Details for 703/79 Market St, South Melbourne

703/79 Market St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 848m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
2016
Floor Size
67m2
Land Size
848m2
Local Government
Port Phillip
Lot/Plan
703/PS723567

Last Listing description (August 2022)

A bold designer abode, positioned for lifestyle on the city's southern fringe, this sophisticated two bedroom apartment frames a spectacular seventh floor view to the towers of the CBD. Set behind its historically significant brick faade within 'The Walker' building, this is a state-of-the-art apartment, merely metres from Clarendon Street and with a lifestyle offering very few can match.
Lovers of alfresco living will relish open-plan living that unites with an undercover balcony with terrific views, while a communal BBQ area - also on the seventh floor - allows you to take your entertaining to the next level, all with more larger-than-life city views as its stunning backdrop. Accessed securely via video entry, with basement parking and a storage unit, the apartment features a kitchen of stone, waterfall-edged benches and SMEG appliances, plus there is semi-ensuite access from the main bedroom and a study nook, balcony access from the second bedroom and built-in robes in both bedrooms, as well as Oak-style flooring, a European laundry, split system heating and air conditioning.
Immerse yourself in a walk-everywhere lifestyle filled with the shops, cafes, restaurants and bars of Clarendon Street, as well as the ability to walk or take a tram to the CBD, Southbank or Crown Casino, while South Melbourne Market and Albert Park Lake are both just around the corner as well.

Property History for 703/79 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$595,000
10 Aug 2022
Listed for Rent
$460/w
31 Oct 2016
  • 10 Aug 2022
    Sold for $595,000
  • 15 Jul 2022
    Listed for Sale Under Contract
  • 17 Oct 2016
    Listed for Rent - Price not available
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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, 469 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.