612/338 Kings Way

Off Market

612/338 Kings Way

South Melbourne VIC 3205

Apartment

May Wang, last sold this property on 11 November 2025 after 11 days on market.

Overview

Effortlessly cool, eternally connected

Enviably positioned between Albert Park Lake and the Royal Botanic Gardens, this contemporary one-bedroom apartment in the iconic, cutting-edge Silver Leaf development captures the essence of refined city living. From its elevated position on the cusp of the Arts and Crown Entertainment Precincts, it delivers unbeatable privacy and proximity to Melbourne’s most dynamic cultural and dining destinations. Engineered timber floors highlight the quality throughout a light-filled interior that pairs timeless, sleek finishes with streamlined function for day-to-day ease. The open-plan living and dining area extends to a private balcony, inviting fresh air and an effortless connection to the outdoors, while the kitchen is well-appointed with all-white stone benchtops, a mirrored splashback, SMEG stainless steel appliances and an integrated Fisher & Paykel fridge and dishwasher. The generous bedroom features mirrored robes and easy access to a fully tiled bathroom, complete with a frameless shower and separate toilet, whilst additional amenities include secure video intercom entry, reverse-cycle heating and cooling, and a private car space with storage cage. The apartment is only about a 5-minute (400m) walk from the new Anzac Station and a major junction with eight tram routes. With public transport, cafés, theatres, galleries, and the CBD all nearby, every aspect of city living is easily accessible making this an outstanding choice for those who value style, convenience, and long-term appeal. Ideal for lock-and-leave lifestyle seekers, busy professionals, or investors seeking strong growth potential.

Features

1 bedroom

1 bathroom

1 carspace

1 garage space

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 612/338 Kings Way is $436k.

Median value

$436k

Estimated value range

$290k - $630k

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 612/338 Kings Way

2025

Sold

Undisclosed

11 Nov 2025 by May Wang, of Jellis Craig Port Phillip

2023

Rented

Undisclosed

Leased on 22 Feb 2023 by Think Property & Co

2021

Rented

Undisclosed

Leased on 12 Feb 2021 by Think Property & Co

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 1 bedroom apartments in South Melbourne

In the last 12 months, 71 one-bedroom apartments similar to 612/338 Kings Way, have been sold.

This represents a 5% 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

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)

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