OFF MARKET

1506/318 Queen Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 681m2
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Property Details for 1506/318 Queen St, Melbourne

1506/318 Queen St, Melbourne is a 2 bedroom, 2 bathroom Unit. The property has a land size of 681m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
Unit
Land Size
681m2
Local Government
Melbourne
Lot/Plan
1506/PS637192

Last Listing description (July 2024)

*Fully Furnished Option is Available at Extra Cost

Paragon is located in a prime location. It encompasses the best that apartment living has to offer, such as its contemporary designs, and quality fixtures and fittings along with ducted air conditioning and composite stone benchtops.

Paragon has been designed to bring you the luxury feeling and will rise above the competition. This stylish 2-bedroom apartment is a spacious accommodation in a sought-after location in Melbourne CBD.

It is near to public transports, fine dining locations and shopping centres. It is also just walking distance to RMIT, Queen Victoria Market, Flagstaff Gardens and 10 minutes of walking distance to Southern Cross train station.

This apartment comprises of open plan living/dining area with heating/cooling, and lavishly equipped kitchen completed with stainless steel appliances and dishwasher. Both of its good-sized bedrooms are with mirrored BIR's, sparkling central bathroom and concealed laundry.

Common area facilities include gym, heated lap pool, indoor and outdoor dining areas, which provide charismatic areas to entertain, relax and enjoy high quality resort style facilities from the peace and quiet of your own home.

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Property History for 1506/318 Queen St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$697,900
24 May 2017
Listed for Rent
$880/w
04 Jul 2024
  • 25 Jun 2024
    Listed for Rent $880 / week
  • 16 Jun 2021
    Listed for Rent - Price not available
  • 24 May 2017
    Sold for $697,900

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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 61,356 properties. Over the last 5 years, Houses in Melbourne have seen a 33.57% increase in median value, while Units have seen a 2.46% increase. As at 31 August 2024:

  • The median value for Houses in Melbourne is $1,218,497 while the median value for Units is $465,019.
  • Houses have a median rent of $600 while Units have a median rent of $645.
There are currently 303 properties listed for sale, and 268 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2076 properties were sold in the past 12 months in Melbourne.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.