SOLD
RECENT ADVICE
Sold on 17 May 2024 for $290,000

312/181 A'Beckett Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 312/181 A'Beckett St, Melbourne

312/181 A'Beckett St, Melbourne is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Apartment sold in Melbourne in the last 12 months.

Building Type
Apartment
Local Government
Melbourne
Lot/Plan
312/PS620245

Last Listing description (May 2024)

- Fully Furnished & Turn-key ready
- Cheap annual outgoings and high rental return
- The most requested and sought-after layout in the building

- Concierge and service apartment services onsite
- Large, practical equipped kitchen, with stone-top island breakfast bench
- White goods Inc. Fridge, Dishwasher and Washing Machine and electronics
- Buildings amenities include, gym, laundry
- Available with vacant possession

This property presents a compelling investment opportunity, offering an approximate rental yield of 10% PA and a range of versatile occupancy options. Whether used as a city base, a secure fixed-term tenancy, or a high-yield short-stay investment, this fully furnished turnkey residence is ready for immediate occupancy.

Located in the vibrant heart of Melbourne's CBD, this residence offers unparalleled convenience in a sought-after lifestyle precinct. The apartment boasts a modern, well-appointed kitchen with a stylish stone breakfast island benchtop, integrated microwave, electric cooktop, refrigerator, and high-end Fisher and Paykel dish-drawer.

Floor-to-ceiling windows flood the apartment with natural light, illuminating the open-plan living and dining area, a convenient study nook with an integrated desk, and a generously sized undercover balcony. The residence is tastefully furnished with a Queen-sized bed with storage, bedside tables, an audio system, two wall-mounted TVs, and a comfortable lounge suite, ensuring both functionality and comfort.

Additional features include a fully tiled bathroom, mirrored robes, double glazing, and recessed down-lighting. Residents will enjoy proximity to prestigious universities, the renowned Queen Victoria Market, complimentary city trams, the State Library, Flagstaff Gardens, and a variety of popular cafes, bars, and restaurants, all just moments away.

Property History for 312/181 A'Beckett St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$290,000
17 May 2024
Listed for Rent
$320/w
28 Feb 2022
  • 29 Jul 2024
    Listed for Rent $550 / week
  • 14 May 2024
    Sold for $290,000
  • 10 May 2024
    Listed for Sale UNDER CONTRACT - More wanted! 0458012429
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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 60,854 properties. Over the last 5 years, Houses in Melbourne have seen a -37.57% decrease in median value, while Units have seen a 0.09% increase. As at 30 September 2024:

  • The median value for Houses in Melbourne is $742,012 while the median value for Units is $459,555.
  • Houses have a median rent of $600 while Units have a median rent of $650.
There are currently 304 properties listed for sale, and 276 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2021 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Georgia Ackroyd
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The Agency Victoria
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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.