Back 407/79 Market St
Off Market

407/79 Market St

South Melbourne VIC 3205

2
1
1
Apartment
Cameron ForgacCameron Forgac, last sold this property on 23 September 2022 after 78 days on market.

Overview

A luxe indoor-outdoor retreat in the beating heart of South Melbourne

Sleek, stylish, and luxuriously spacious, this two-bedroom apartment indulges a plush indoor-outdoor lifestyle in effervescent city-fringe surrounds. Cocooned in the quiet comfort of double glazing, the home is a chic sanctuary, dressed in an on-trend palette of Oak floorboards and stone surfaces. The vast open plan layout is a fabulous indoor-outdoor setting, offering space to relax and dine with friends, stretching through full-height stacker doors onto a wide private balcony. The kitchen caters to every occasion in a striking outfit of stone benches and glass splashbacks, providing the home cook with Smeg appliances, a dish drawer, and ample storage including a pull-out pantry. Two robed bedrooms generously accommodate rest and retreat, including a bespoke study nook to one, and balcony access to the second. Complete with a sleek central bathroom, a European laundry, secure basement parking and a storage cage, this lifestyle apartment offers residents access to a sundrenched rooftop terrace for en-masse entertaining, offering barbecue and dining facilities against a spectacular city skyline. Reflecting the area's industrial origins with brick and concrete features, this funky apartment complex is in the vibrant heart of South Melbourne among trendy cafés, restaurants, nightlife, transport, and the South Melbourne Market, while a leisurely stroll to South Wharf and the CBD.

Features

2 bedrooms
1 bathroom
1 carspace
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 407/79 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 407/79 Market St

2022
Sold
Undisclosed
Private Sale/Treaty on 23 Sep 2022 by Cameron Forgac, of RT Edgar Manningham
2019
Sold
$557,500
Private Sale/Treaty on 31 Jan 2019 by Cameron Forgac, of Nelson Alexander Docklands

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, 108 two-bedroom apartments similar to 407/79 Market St, have been sold.

This represents a 5% increase in two-bedroom apartments sales when compared to the previous 12 months.

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