8 Union StreetSouth Melbourne VIC 3205
Property Details for 8 Union St, South Melbourne
Last Listing description (January 2026)
THE DEAL
South Melbournes vibrant heart plays host to this architectural prize where rock-solid construction, four versatile levels and Commercial 1 Zoning fosters an array of options to live luxuriously, run businesses, or attract multiple incomes.
A flexible floor plan rises from a ground-level tandem garage and expansive retail/office/bedroom area with easy scope to rework for any pursuit. Above, a separately lettable office is currently home to a bar and entertainment space brilliant for marquee events, joined on the sunlit second storey by a kitchenette, powder room, garden atrium, and entirely separate guest bedroom with an ensuite and walk-in robe. Effectively its own apartment, a clever third levels living/dining area, Smeg/Miele kitchen, and mains-gas barbecue terrace combine to be a joy for nights by the fire, morning coffees, and evening cocktails, while extensive storage and a chic ensuite accompany a sumptuous master.
Unforgettable sights span the MCG, skyscrapers, sunrises, and sunsets on a roof deck that lifts appeal beyond compare, while other highlights include heating/cooling, pivot doors, wine storage, oak floors and stairs, a European laundry, and three-phase power. Seconds to cuisine, nightlife, retail, trams, and South Melbourne Market, its mere footsteps to Albert Park Lake, Southbanks fine dining, the Arts Precinct, and CBD.
SEALS THE DEAL
Business and home life can stay separate from one another, while remaining within the same four walls.
Property History for 8 Union St, South Melbourne, VIC 3205
- 22 Jan 2026Sold for $2,300,000
- 25 Nov 2025Listed for Sale Not Disclosed
- 03 Oct 2001Sold for $825,000
Recent sales nearby
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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 12,852 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:
- The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
- Houses have a median rent of $840 while Units have a median rent of $670.
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