FOR SALE
$550,000

209/9 Degraves Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 61m2
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The New Yorker in the heart of Melbourne

Reach lofty heights with this New York inspired apartment located within the historic Mutual Building, offering a perfect blend of heritage charm and contemporary living. Recently refreshed with new paint and carpet, this property is a standout opportunity for a first home buyer, astute investor or someone looking for a city base in the heart of the Melbourne’s central business and entertainment district.
Key features.
Loft-Style Design: Soaring high ceilings in the living area create a sense of openness, enhanced by tall windows and large sills that flood the space with natural light.
Mezzanine Bedroom: Elevated for privacy, the mezzanine-style bedroom offers a cozy retreat with a view of the living space below.
Modern Updates: Freshly painted and recarpeted, the apartment is ready for its next owner.
Rare Basement Car Space: A valuable inclusion in this central location, providing unparalleled convenience.
Location Highlights:
Nestled in one of Melbourne’s most vibrant precincts, this apartment is just steps from renowned cafes, boutique shopping, cultural landmarks, and excellent public transport connections. Whether it’s a quick coffee on Degraves Street or a leisurely stroll to Federation Square, you’ll be at the center of it all.
This is the perfect home for professionals, first-home buyers, or investors seeking a distinctive property with timeless appeal and incredible lifestyle benefits.
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Property Details for 209/9 Degraves St, Melbourne

209/9 Degraves St, Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 61m2 and floor size of 61m2. The place is currently for sale with Outlook Property Group.

Building Type
Apartment
Floor Size
61m2
Land Size
61m2

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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 61,550 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 336 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2198 properties were sold in the past 12 months in Melbourne.

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Onder Ozmetin
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Kelli Johnson
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Outlook Property Group
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