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703/51 Thistlethwaite Street, South Melbourne$997,500
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703/51 Thistlethwaite Street

South Melbourne, VIC 3205, Australia
$950,000 – $1.04m
3 bed 2 bath 1 car110 m²

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About this property

This property is for immediate sale and all reasonable offers will be presented to the owners for their consideration. Atop the boutique Lilix building by Bruce Henderson Architects, this three-bedroom penthouse commands a breathtaking sweep of Melbourne's skyline, with uninterrupted views shifting from sunlit outlooks by day to a glittering expanse of lights by night. Set within the evolving Montague precinct, cafés, South Melbourne Market, the beach, and the CBD are all within easy reach, shaping an urban lifestyle that truly is one of a kind. The impact of the view is immediate, carried through expansive glazing that draws natural light across the living and dining domain, where a true north-west orientation enhances both openness and outlook. Oak floors and stone finishes flow throughout, leading past the entertainer's kitchen, with its generous island, Smeg appliances, and a semi-integrated fridge/freezer with sliding doors, extending the living space to a deep terrace offering a phenomenal vantage point for entertaining. Three well-proportioned bedrooms each boast built-in robes and city views, including a main suite with its own en suite, while a second bathroom serves the remaining accommodation. Beautifully finished with secure parking, a storage cage, video intercom, European laundry, ample storage and split-system heating and cooling, residents of Lilix enjoy access to a central courtyard and rooftop terrace with panoramic bay and skyline views. A premier lifestyle or lock-and-leave inner-city base, this penthouse is South Melbourne at its very finest.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
1
Land Area
110 m²
Listed
1 month ago

Repayment calculator

$4,836/month
$2,418 /fortnight
Loan $798,000 at 6.10% over 30 years

Upfront costs

Deposit$199,500
Stamp duty$54,863
Conveyancing (est.)$2,000
Total upfront$256,363
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in South Melbourne

This 3-bedroom apartment in South Melbourne, VIC 3205 sits within reach of public transport, local shops and nearby schools. It is listed 6% below the $1.06m median of 55 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)1.1 km away
  • The FlyFisher1.0 km away
  • Unnamed710 m away
  • Town Hall Reserve757 m away
  • Foundry Site Park776 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 3 bed

Compound growth +2.4% / yr over 4 yrs

$1.30mcurrent median

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