711/338 Kings Way, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

711/338 Kings Way
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
Land area: 1415m2
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Property Details for 711/338 Kings Way, South Melbourne

711/338 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 43m2. While the property is not currently for sale or for rent, it was last sold in December 2015.

Building Type
Unit
Year Built
2013
Floor Size
43m2
Land Size
1415m2
Local Government
Port Phillip
Lot/Plan
711/PS646650

Last Listing description (February 2025)

This cleverly designed one bedroom fully furnished apartment is located in one of Melbourne's iconic and liveable suburbs South Melbourne. This property really has the 'wow' factor, right near the heart of fashionable Clarendon and Coventry Streets precinct and only a stroll to South Melbourne Market. Rich in history, and rich in options for cafes, bars, restaurants and only moments to a lifestyle of sporting activities. Located on the 7th floor, this residence boast style with quality furnishings and fittings throughout. An open plan living, kitchen and dining area with access to a private balcony with views. A well-appointed kitchen comes with all the essentials, including a Fisher Paykel dishwasher, gas cooking facilities, and an integrated fridge freezer. A generous master bedroom includes, mirrored built in robes together with a separate central bathroom. Other features include a Euro Laundry with a washing machine and dryer, formal entrance foyer, lift access, heating and cooling, security intercom, with basement security carparking. What a location so close to transport, CBD, parks and gardens.

Property History for 711/338 Kings Way, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$385,000
24 Dec 2015
Listed for Rent
$550/w
25 Feb 2025
  • 05 Feb 2025
    Listed for Rent $550 / week
  • 02 Nov 2023
    Listed for Rent $500 / week
  • 03 Feb 2022
    Listed for Rent $400 / 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 12,921 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, 464 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.