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803/161 Eastern Road, South MelbourneTHE DEAL: Expressions of Interest
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For Saleapartment

803/161 Eastern Road

South Melbourne, VIC 3205, Australia
EOI
3 bed 3 bath 2 car

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About this property

THE DEAL Art and architecture aligned in an award-winning collaboration between Fortenum and the internationally acclaimed KUD architects. At 161 Eastern, boutique city-edge living reaches its peak, taking home gold at the Victorian Design Awards, and topped by this spectacular three-bedroom sub-penthouse, extending to phenomenal views and three private terraces that capture Albert Park Lake, the city skyline and the neighbourhood's iconic treetops in full view. Encompassing approximately 187 sqm, the interiors are immediately arresting, with the warmth of engineered oak flooring, high concrete-lined ceilings, and full-height glass creating a setting that is both sophisticated yet entirely connected to its surroundings. The open-plan living and dining areas extend with ease to one of three outdoor terraces, allowing a natural continuity between inside and out, hosted by a gourmet marble kitchen, appointed with integrated refrigeration, Miele appliances and a full butler's pantry. An executive study brings additional flexibility, equally suited to work or a secondary living retreat, whilst three large-scale bedrooms provide excellent accommodations. The main suite sets a clear benchmark with its custom walk-in robe, marble-clad bath and direct outdoor access, with two further deluxe bathrooms catering to the additional bedrooms. Secure basement parking for two with a full-height storage cage & EV charging, reverse-cycle heating/cooling, lift access, a full laundry, and abundant storage reinforce the house-sized luxury of the offering, underscoring why this sub-penthouse sits at the peak of 161 Eastern. SEALS THE DEAL Just 100m from Albert Park Lake and within walking distance of Clarendon Street, MSAC, ANZAC Station, The Arts Precinct, the Domain, and the Royal Botanic Gardens, its artistry and lifestyle like never before, just 3km from the CBD.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
3
Parking
2
Listed
3 months ago

Repayment calculator

$3,442/month
$1,721 /fortnight
Loan $568,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$142,000
Stamp duty$37,670
Conveyancing (est.)$2,000
Total upfront$181,670
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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.

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 23: Moray Street (tram)346 m away
  • WoodsYard23 m away
  • Ludwig Stamer Reserve228 m away
  • Eastern South Reserve268 m away
  • See Yup temple garden354 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

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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