Located in the heart of South Melbourne, just 100m from the South Melbourne Market, Apartment 503 provides dual aspect with views to the city, market, leafy local streets and spectacular sunsets.

The apartment achieves a high 7.8-star (out of 10) NatHERS energy rating, creating a sanctuary of remarkably quiet and comfortable living all year round, together with significant cost savings on energy bills.

Living across two levels makes the apartment live larger, separating sound between living and bedrooms.

Apartment 503 exemplifies HIP V. HYPE's Better Apartment Living principles, featuring BINQ timber tilt & turn windows, premium Swiss V-ZUG appliances, handmade ceramic basins by Robert Gordon, tapware by Brodware and reclaimed Australian timber flooring throughout kitchen, living, dining and bedrooms.

Together with a well-proportioned private terrace with city and market views, Apartment 503 has access to the communal roof yard.

Additional features include ducted heating and cooling, an Energy Recovery Ventilation System for a constant supply of fresh, filtered air, ceiling fan to living area, remote controlled external blinds to upper and lower levels, and window furnishings to living and bedrooms.

The apartment also comes with a car park provisioned for EV charging, a storage cage at mezzanine level and two bike parking spaces.

View the Apartment 503 Floorplan


503 / 201 Ferrars Street, South Melbourne VIC 3205


Apartment 503 | 3 bed, 2 bath, 1 car - $1,890,000




Six Degrees Architects
Great Dane
Binq Windows
Robert Gordon



  • Green Magazine: Come Again
  • Habitus Magazine: Green Run
  • Category Winner, Victorian Architecture Awards, Residential Architecture - Multiple Housing
  • Jury’s Award for Excellence in Sustainability, City of Port Phillip Design & Development Awards
  • Winner: City of Port Phillip Design & Development Awards
  • Gold: Better Future Australian Design Awards
  • Silver: Better Future WILD Design Awards
  • Shortlist: Victorian Architecture Awards


  • Best of the Best: Sustainability Awards
  • Design Champion: Better Futures Melbourne Design Awards
  • Winner: Sustainability Awards
  • Winner: Design Matters National Awards
  • Gold Winner: Better Futures Melbourne Design Awards
  • Honourable Mention: INDE Awards
  • Winner: The Urban Developer Awards
  • Shortlist: Dezeen Awards
  • Shortlist: Sustainability Awards
  • Finalist (x2): The Urban Developer Awards
  • Finalist: Premier's Sustainability Awards
  • Finalist: Sustainability Awards
  • Finalist: Archello Awards
  • Shortlist: HOUSES Awards


  • Category Innovator: AFR Sustainability Leaders List
  • Gold Winner: Good Design Awards
  • Finalist: The Circle Awards
  • Finalist: Victorian Premier's Design Awards


We always seek to learn from those who occupy our projects; who they are, what is important to them and what they like about their home.

“The change to living in a sustainable apartment has been minimal. It starts off with discovering a few of your pots and pans no longer work on an induction stove but from there it is hard to remember why gas is even required.

Induction cooking is phenomenal in its precision, I have little reason to use any heating or cooling as the temperature inside my apartment is so stable and it just makes so much sense.” 

“As I grow older with my husband, we need to live an independent and easy lifestyle... I have an interest in young people who are passionate about their pathway, and Katya impressed me with her knowledge and commitment to living sustainably which impressed us. I also feel as grandparents we need to be doing what we can for the planet and our grandchildren.

Our final home had to be fit for purpose. HIP V. HYPE gave us confidence and have done an amazing job to engage the community in the progress.”

“[At Ferrars & York] we walk everywhere and feel so connected to the community. Everything is so close and convenient that a car almost seems unnecessary! We also are so lucky to have wonderful neighbours who know each other by name – it is a friendly and tight-knit community, and we see ourselves living here for years to come.

Recycling and waste reduction is so easy with the chutes and resource room; we rarely use heating/cooling with the insulation; we rarely use the car, given the focus on site location. All told, it makes sustainable living so easy.”

“The community of Ferrars & York are really lovely, and it has been so nice connecting with neighbours so regularly.

My apartment is SO comfortable. I wake up every morning so grateful to be living where I am. The temperature is really consistent and requires minimal energy to heat or cool. The layout of the rooms is also perfect for optimal space and comfort.

The tilt and turn windows are also a favourite feature for me, they allow for great air flow as well as having a gorgeous view of gum trees. I truly love everything about my apartment, the materials and finishes quality are superb, it is a joy to live here.”