109/79 Market Street, South Melbourne VIC 3205
1 beds
1 baths
0 cars
Spachus Insights
View South Melbourne market
Price position
Below suburb median
27.4% below the current suburb median listing price.
Buyer negotiation signal
Buyer negotiation
The suburb median sold price is $28,000 below the median listing price.
Selling pace
Slower than typical
25 days typical · Property listed 147 days (488% longer).
Property details
Stylish Inner-City Living with Exceptional Convenience
Positioned in a highly sought-after pocket offering effortless access to everything that makes Melbourne one of the world''s most livable cities, this generous apartment delivers an outstanding lifestyle opportunity.
1Bedrooms
1Bathrooms
0Car spaces
ApartmentProperty type
South Melbourne market
Full suburb reportMedian listing$620,000
Median sold$592,000
Typical selling time25 days
Tracked sold properties96
Spachus Property Estimate
$435,000
Automated estimate based on available property and market data.
Not a formal valuation.
Asking vs estimate
+$15,000
3.4% above the Spachus estimate
Property Overview
109/79 Market Street, South Melbourne VIC 3205 is an apartment. It has 1 bedroom, 1 bathroom. It is currently listed at $450,000. It has been on the market for 147 days. In South Melbourne, the median listing price is $620,000 and the median sold price is $592,000. Its current asking price is $170,000 (27.4%) below the South Melbourne median listing price. Properties in South Melbourne typically sell in around 25 days based on Spachus tracked sales data. It has currently been on the market 122 days longer than the South Melbourne typical selling time.
Explore the South Melbourne Property MarketAsk Spachus AI
Get instant insights about this property, the suburb or the market.
Is this a good price?How does this compare?What is the market doing?
