808/338 Kings Way, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

808/338 Kings Way
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 66m2
Land area: 1415m2
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Property Details for 808/338 Kings Way, South Melbourne

808/338 Kings Way, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1415m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
2013
Floor Size
66m2
Land Size
1415m2
Local Government
Port Phillip
Lot/Plan
808/PS646650

Last Listing description (October 2025)

**Inspection by appointment only**Elevated high on the 8th floor of the boutique Silverleaf complex, this super-stylish two-bedroom, two-bathroom apartment delivers unbeatable views, sun-splashed interiors, and a lifestyle location that ticks every box. Perfectly positioned in one of South Melbourne's most coveted pockets, this is an outstanding opportunity for both savvy investors seeking strong returns and owner-occupiers looking for an exceptional city-fringe home. With a prized north-facing aspect, the apartment captures all-day natural light and showcases panoramic views stretching across Southbank and the dazzling CBD skyline.Step inside to discover a sleek, modern kitchen appointed with high-end Smeg appliances, smooth stone benchtops, and high-gloss cabinetry-ideal for cooking up a storm or entertaining guests. The spacious open-plan living and dining area is enriched by the warmth of rich American oak flooring and floor-to-ceiling windows that draw your eye to the showstopping city views beyond. Step out to the private, sheltered balcony where the city becomes your backdrop-perfect for sunset drinks or morning coffee.Both generously proportioned bedrooms are bathed in natural light, complete with built-in robes and serviced by two luxurious, fully tiled bathrooms. The master suite also enjoys the same stunning outlook, making every morning feel like a luxury escape. Thoughtfully designed throughout, the apartment also features a concealed European laundry, a striking island bench with integrated storage, reverse-cycle heating and cooling, secure undercover car space, and recessed LED down-lighting for an added touch of sophistication.With South Melbourne Market, MSAC, Albert Park Lake, Clarendon Street cafs, schools, and multiple tram lines all just footsteps away, this exceptional residence is the ultimate blend of lifestyle and investment. Whether you're looking for your next home or a high-performing asset with impressive rental appeal, this apartment is the one you've been waiting for.

Property History for 808/338 Kings Way, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$501,000
22 Dec 2020
Listed for Rent
$475/w
02 May 2022
  • 10 Sep 2025
    Listed for Sale Not Disclosed
  • 22 Jul 2025
    Listed for Sale Not Disclosed
  • 26 Apr 2024
    Listed for Rent $599 / week
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of 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 12,873 properties. Over the last 5 years, Houses in South Melbourne have seen a 12.88% increase in median value, while Units have seen a 8.87% increase. As at 31 October 2025:

  • The median value for Houses in South Melbourne is $1,742,323 while the median value for Units is $631,244.
  • Houses have a median rent of $705 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 39 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 499 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.