FOR SALE
$470,000-$510,000

1406/8 Exploration Lane
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Sun-soaked, contemporary & perfectly positioned

Gloriously light-filled from floor-to-ceiling windows, this modern apartment offers a low-maintenance, central CBD lifestyle.
Platinum presentation is a constant throughout the contemporary interior, providing open-plan living/dining, sleek stone-topped kitchen and private balcony.
Appreciate the additional space delivered by 2 robed bedrooms (main with luxe ensuite) and stunning bathroom, complemented by heating/AC, car space and all the complex's exclusive amenities including indoor pool, spa, sauna and gym.
Start out or invest in your own slice of Melbourne's vibrant City, walking distance to QV, RMIT, Melbourne Central, Carlton Gardens and State Library.
Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs.
http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 1406/8 Exploration Lane, Melbourne

1406/8 Exploration Lane, Melbourne is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with Areal Property - Box Hill.

Building Type
Apartment

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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 61,549 properties. Over the last 5 years, Houses in Melbourne have seen a 14.85% increase in median value, while Units have seen a -3.54% decrease. As at 30 November 2024:

  • The median value for Houses in Melbourne is $1,252,430 while the median value for Units is $449,245.
  • Houses have a median rent of $588 while Units have a median rent of $650.
There are currently 384 properties listed for sale, and 335 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2195 properties were sold in the past 12 months in Melbourne.

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