5/56 Smith St

Off Market

5/56 Smith St

South Melbourne VIC 3205

0 m²

Apartment

Last sold for $512,000

Rohan White, last sold this property on 31 July 2026 after 22 days on market.

Overview

Stylish Living in the Heart of South Melbourne

Perfectly positioned in the heart of South Melbourne, this apartment combines modern style with everyday convenience. Filled with natural light and thoughtfully presented throughout, it offers an effortless lifestyle just moments from the area's renowned cafés, shopping, transport, and South Melbourne Market. Bathed in natural light, the kitchen is thoughtfully laid out for effortless everyday use, offering a highly functional footprint. The island bench seamlessly transitions from preparation area to breakfast bar, dining space or work-from-home station, creating a practical and flexible setting for daily living, with scope to further update over time. Two generously sized bedrooms, each with built-in robes, provide comfortable accommodation with centrally positioned bathroom . Split-system heating and cooling ensure year-round comfort, while a secure lock-up garage adds valuable off-street parking and extra storage. Whether you're a first-home buyer, professional, downsizer, or investor, this move-in-ready apartment presents an exceptional opportunity to secure a low-maintenance home in one of Melbourne's most sought-after inner-city locations.

Features

2 bedrooms

1 bathroom

1 carspace

1 carport space

0 m² floor area

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 5/56 Smith St is $620k.

Median value

$620k

Estimated value range

$435k - $1.22m

Median days on market

Estimated value trend

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 5/56 Smith St

2026

Sold

$512,000

31 Jul 2026 by Rohan White, of Buxton Port Phillip - Port Melbourne

2017

Rented

Undisclosed

Leased on 31 Jan 2017 by MICM

Happy sellers in South Melbourne

<50%

Less than 50% of sellers in South Melbourne reported that their sale price either exceeded or met their price expectations.

South Melbourne stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 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 5/56 Smith St, have been sold.

This represents a 4% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in South Melbourne for a free market appraisal.

Rohan White

at Buxton Port Phillip - Port Melbourne

4.9

(365 reviews)

Get a free market appraisal

Stefan Joannides

at Belle Property Albert Park

4.7

(10 reviews)

Get a free market appraisal

Besim Kanacevic

at Belle Property Albert Park

(193 reviews)

Get a free market appraisal

May Wang

at Melbourne Sotheby's International Realty

4.8

(32 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Melbourne

Rohan White

Rohan White is an award winning recommended agent for South Melbourne. They have 23 local sales and collected 8 local reviews across the last 12 months.