506/79 Market Street
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About this property
Delivering far more than stylish two-bedroom accommodation, this sophisticated apartment offers a lifestyle of exceptional convenience in one of South Melbourne's most tightly held pockets. Bathed in natural light and positioned within a predominantly owner-occupied boutique building, it presents an outstanding opportunity for first homebuyers, professionals and savvy investors alike, all moments from South Melbourne Market, Clarendon Street, Crown Entertainment Complex and city-bound trams. Contemporary finishes and pale timber flooring complement the expansive open-plan living and dining domain, where floor-to-ceiling stacker doors seamlessly extend the interiors to a covered terrace with captivating city skyline views. At the heart of the home, a sleek stone kitchen appointed with a brand new large Bosch dishwasher and premium Smeg appliances delivers both style and functionality. Two generous bedrooms feature mirrored built-in robes and excellent storage, including a versatile study nook to the main bedroom, which also enjoys ensuite-style access to the designer bathroom. Additional appointments include a full European laundry, reverse-cycle heating and cooling, double glazing, video intercom security, lift access, basement car space. Residents can take full advantage of the spectacular communal rooftop terrace with BBQ facilities and panoramic city views, while enjoying immediate access to South Melbourne's renowned cafés, restaurants, bars and boutiques. Stroll to the iconic market, break a sweat at one of the many local gyms, explore Albert Park Lake, swim or train at MSAC, or jump on a tram for effortless access to the CBD, Arts Precinct and the bay.
Property Details
- Property Type
- apartment
- Listing Type
- Sold
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 1
- Listed
- 1 month ago
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Neighbourhood
Living in South Melbourne
This 2-bedroom apartment in South Melbourne, VIC 3205 sits within reach of public transport, local shops and nearby schools. It is listed 14% above the $518,000 median of 70 comparable apartmentswithin 5 km.
Schools near South Melbourne
- Galilee Regional Catholic Primary Schoolprimary · Prep-6 · CoEd
- Hester Hornbrook Academy - South Melbournesecondary
- Youth2Industry Collegesecondary · 11-12 · CoEd
What's nearby
- Stop 117: York Street (tram) — 518 m away
- The Tyre Factory — 543 m away
- Unnamed — 409 m away
- Town Hall Reserve — 507 m away
- Boyd Community Park — 553 m away
South Melbourne at a glance
Full suburb profile- Population
- 11,548
- Median age
- 39
- Household income
- $2,101/wk
- Median rent
- $421/wk
- Median mortgage
- $2,200/mo
Source: ABS Census.
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Suburb market
Suburb price trend
South Melbourne price trend
Median sold · Unit 2 bed
Compound growth -0.9% / yr over 4 yrs
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