Hodges Real Estate

Suburb Overview

South Melbourne – 3205

  • 11,548Population
  • 39Median Age

Suburb Performance Potential - 08/24 Quarter

    South Melbourne – 3205
    • $1,348,000Median House Price
      (Updated Aug 2024)
    • -12.47%Quarterly Price Change
    • $585,000Median Unit Price
      (Updated Aug 2024)
    • 13.59%Quarterly Price Change

    The established neighbourhood of South Melbourne is between the south bank of the Yarra River and Port Phillip Bay located two kilometres south of Melbourne. The housing stock dates primarily from the Victorian era with a significant stock of high rise public housing from the 1960s and 1970s. The neighbourhoods are well served by several tramlines and the St Kilda light rail line. The South Melbourne activity centre including Clarendon Street and the South Melbourne Market attracts local and regional visitors. Significant established business precincts offer a location for small and medium size firms close to central Melbourne. Other notable physical features include the South Melbourne Town Hall and the South Melbourne Soccer Ground.

    Sales Snapshot for South Melbourne – 3205

    • 62.16%Auction Clearance Rate
      Summary Date: 22 Nov 24
    • 75.51%Auctioned Sale Method
      (Last 12 months)
      Summary Date: 22 Nov 24
    • 27 daysMedian days on market
      (Last 12 months)
      From November 24
    • 98Total Sales
      From November 24

    Median SalesFrom properties in proximity to South Melbourne – 3205

    • Albert Park$2,126,000
    • Port Melbourne$1,550,000
    • South Melbourne$1,540,000
    • Docklands$1,160,000
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    Listings for South Melbourne – 3205

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