502/79 Market Street

Off Market

502/79 Market Street

South Melbourne VIC 3205

Apartment

Last sold for $460,000

Joseph Falso, last sold this property on 19 August 2026 after 19 days on market.

Overview

Under Offer

THE DEAL Positioned in the heart of South Melbourne, this stylish one-bedroom, northwest-facing apartment delivers contemporary comfort, abundant natural light and an unbeatable lifestyle location. The thoughtfully designed open-plan living and dining area flows seamlessly to a generous northwest-facing balcony, creating the perfect space to relax with a favourite glass of your choice. The sleek kitchen is appointed with Smeg appliances and integrated drawer dishwasher. The spacious bedroom features mirrored built-in robes while the modern bathroom offers a spacious shower and Stylish appointments. Additional features include secure parking, a European-style laundry, a large storage cage and secure building entry with fob access. Residents also enjoy access to the impressive outdoor terrace, complete with BBQ facilities, communal dining area and sweeping views across Melbourne. SEALS THE DEAL Enjoy one of Melbourne's most sought-after inner-city lifestyles, just moments from the iconic South Melbourne Market, Albert Park and South Melbourne Beaches and the vibrant Coventry Street shopping and dining precinct. The Yarra River, Crown Entertainment Complex and the CBD are all within easy walking distance, while excellent tram connections and an abundance of cafés, restaurants and local amenities are right at your doorstep.

Features

1 bedroom

1 bathroom

1 carspace

Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 502/79 Market Street is $417.5k.

Median value

$417.5k

Estimated value range

$275k - $770k

Median days on market

Estimated value trend

-3%

decrease 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 502/79 Market Street

2026

Sold

$460,000

Private Sale/Treaty on 19 Aug 2026 by Joseph Falso, of WHITEFOX Port Phillip

Happy sellers in South Melbourne

52%

52% 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 24 reviews in South Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in South Melbourne

In the last 12 months, 67 one-bedroom apartments similar to 502/79 Market Street, have been sold.

This represents a 15% increase in one-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

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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 22 local sales and collected 7 local reviews across the last 12 months.