Apartments and developments for sale in South Melbourne

93 developments , 24353 properties
Marida
From $839,000
Mordialloc, VIC 3195
  • Bed3-4
  • Bath2-3
  • Car2
From $839,000

About South Melbourne Victoria 3205

Welcome to South Melbourne - Investment apartments in one of Melbourne’s most beautiful heritage suburbs.

One of Melbourne’s oldest suburbs, South Melbourne was first settled by Europeans in the 1840s when it was still known as Emerald Hill. Quickly developed, modern South Melbourne separated from Melbourne during the Gold Rush in 1852. Much of its Victorian and Edwardian era architecture still survives and along with the popular market helps give South Melbourne its historic character. 

Who’s next door? Investment apartments for young professionals wanting a quick commute to the city. 

Tucked away in the many bluestone cobbled side streets and laneways are a host of small businesses in particular cafes, restaurants and creative industries including design, advertising and marketing. With the recent growth in apartment developments taking shape in the area, previously one of older generations is increasingly young and keen to tap into the old and new bars and eateries. It’s particularly popular with young professionals wanting a quick and easy commute to the CBD - or a brisk walk will get you there in under 30 minutes. 

An in-demand investment property scene within a thriving creative hub. 

South Melbourne has always held a creative side. The busy midweek work crowd has driven the coffee shops and cafe culture in the area which keeps the buzz happening until the weekend when the market draws in visitors from all over Melbourne. 

Located between the bayside Port Melbourne and Albert Park suburbs and the arts precinct of Southbank, South Melbourne taps into the galleries, bars and cafes whilst still offering old school pubs and shopping strips. The vibe is friendly, leafy streets abound and the walking convenience to the city is a big drawcard. 

Demographics of South Melbourne, Victoria 3205
6,472
Households
71.4%
Younger Professionals
Aged under 35 – Young, successful, career-driven professionals with no children.
11.1%
Established Families
Aged 35-54 – White collar families with school-aged children.
2.5%
First Home Buyers
Aged 25-34 – Millennial first home buyer professionals.
About this data - The statistics above have been sourced from Mosaic demographic data that is the copyright property of Experian Australia Pty Limited (or its licensors).