Back 308/79 Market St
Off Market

308/79 Market St

South Melbourne VIC 3205

2
1
1
64 m²
Apartment
Last sold for $530,000
Taylor SimsTaylor Sims, last sold this property on 11 December 2025 after 57 days on market.

Overview

Smart, Stylish Living in the Heart of South Melbourne

• Located in a tightly held boutique complex in the heart of South Melbourne • Zoned for highly regarded Albert Park College • Qualifies for the 5% deposit government scheme (no LMI) • Rental estimate of approx. $640 - $670 per week • Rooftop entertaining area with sweeping city views • Secure, well-maintained building in a prime inner-city location • Dedicated work-from-home space • Large secure storage cage • All major amenities at your doorstep including trams, supermarkets, cafes & restaurants Welcome to a home that offers more than just a place to live, it delivers a genuinely convenient and vibrant lifestyle in one of Melbourne's most liveable neighbourhoods. Start your mornings with coffee from one of South Melbourne's best cafés just downstairs. Wander through the famous South Melbourne Market for fresh produce, then spend the afternoon entertaining on your rooftop with city views as your backdrop. Step outside your door and you'll find everything you need; Woolworths, Aldi, a bakery, Australia Post, and more, all on your street as well as a Tram stop just around the corner with instant access to the CBD. Zoned for the award-winning Albert Park College - a major drawcard for families and long-term value. Step inside to discover a spacious open-plan kitchen, living and dining area, thoughtfully laid out to allow for generous zoning and effortless flow throughout. Glass doors open to a large undercover balcony, perfect for year-round indoor-outdoor living. The kitchen is both stylish and highly functional, offering abundant storage and pantry space, and highlighted by a bold suspended shelf that adds a distinctive architectural statement. Both double bedrooms are well-proportioned and fitted with excellent built-in robes, while the main bedroom includes its own built-in study nook - ideal for those working from home. Additional features include a separate European laundry, reverse-cycle heating and cooling, double glazing, secure video intercom entry, lift access, a large storage cage, and secure basement parking. Offering a stylish fit-out, secure building, and access to a rooftop entertaining area with stunning city views, this apartment delivers a rare mix of lifestyle, convenience, and investment appeal. Whether you're looking to take advantage of the 5% deposit government scheme looking to save money and secure your first property now or a savvy investor looking for a great investment in a blue chip location do not miss this great opportunity. For all inquiries call Taylor Sims on 0403 485 210.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
64 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 308/79 Market St is $615k.

Median value
$615k
Estimated value range
$425k - $1.31m
Median days on market
34
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 308/79 Market St

2025
Sold
$530,000
Private Sale/Treaty on 11 Dec 2025 by Taylor Sims, of Ray White Southbank | Melbourne City
2022
Sold
Undisclosed
Private Sale/Treaty on 14 May 2022 by Peter Zervas, of WHITEFOX Real Estate - Stonnington
2020
Sold
Undisclosed
Private Sale/Treaty on 19 Jan 2020 by Nicholas McLean

Happy sellers in South Melbourne

59%
59% of sellers in South Melbourne reported that their sale price either exceeded or met their price expectations.

South Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in South Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in South Melbourne

In the last 12 months, 106 two-bedroom apartments similar to 308/79 Market St, have been sold.

This represents a 6% increase in two-bedroom apartments sales when compared to the previous 12 months.

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