506 City Road

Off Market

506 City Road

South Melbourne VIC 3205

237 m²

House

Last sold for $1,080,000

Arthur Apostoleros, last sold this property on 22 May 2025 after 127 days on market.

Overview

Period residence with outstanding flexibility

Positioned on approx. 237sqm options exist to harness the impeccably preserved Federation character of this c.1915 brick residence and that take advantage of its prime location to renovate and create a unique inner-city home, a home and business, or custom medical or professional rooms with flexible Capital City Zone 1 (STCA). Offering peace and privacy beyond its prominent Federation façade, immaculate accommodation features three generous bedrooms with high pressed metal ceilings and ornamental fireplaces, a large full width living/dining room, basic kitchen and bathroom, heating, rear garden with pedestrian access, separate shed/storage, utility/second kitchenette, plus two City Road entries. Vibrant mixed use location in the Montague precinct, one of five local areas set to benefit from the Fisherman’s Bend Urban Renewal Project. City fringe location close to Southbank, Clarendon Street and Bay Street Port Melbourne, walk to schools, famous South Melbourne Market, local cafes, trams and light rail links to the CBD or beach with easy access to Monash/ West Gate/Citylink Freeway and major arterial links.

Features

3 bedrooms

1 bathroom

237 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in South Melbourne over the last 12 months, the estimated median property value of 506 City Road is $1.78m.

Median value

$1.78m

Estimated value range

$1.08m - $3.06m

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 506 City Road

2025

Sold

$1,080,000

22 May 2025 by Arthur Apostoleros, of Buxton Port Phillip - Port Melbourne

2023

Rented

Undisclosed

Leased on 23 Jan 2023 by BigginScott - Port Melbourne

2021

Rented

Undisclosed

Leased on 21 Mar 2021 by Buxton Port Phillip - St Kilda

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 3 bedroom houses in South Melbourne

In the last 12 months, 41 three-bedroom houses similar to 506 City Road, have been sold.

This represents a 20% increase in three-bedroom houses 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

4.8

(7 reviews)

Get a free market appraisal

Jon Kett

at Jellis Craig Port Melbourne

4.9

(347 reviews)

Get a free market appraisal

Moses Habib

at Belle Property St Kilda

4.9

(92 reviews)

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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 17 local sales and collected 12 local reviews across the last 12 months.