FOR SALE
$420,000

501/8 Sutherland Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 60m2
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Shine Bright at Melbourne Star

Discover the ideal blend of convenience and modern living at Melbourne Star, nestled just steps from the trendy Guildford Lane. This stunning apartment shines brightly in the heart of the CBD, offering a prime investment opportunity or a perfect first home.
Key Features:
• Spectacular Views: Enjoy sweeping vistas of Melbourne's heritage architecture and skyline from a coveted level 5 position with a private balcony.
• Modern Kitchen: Experience a streamlined galley-style kitchen, equipped with ample storage for all your culinary needs.
• Spacious Bedrooms: Both bedrooms feature generous built-in robes, ensuring plenty of storage space.
• Stylish Bathrooms: Two contemporary bathrooms, each with walk-in showers for a touch of luxury.
• Clever Laundry Solutions: The cleverly concealed laundry maximizes space without compromising style.
• Resort-Style Amenities: Access to an 18-meter heated pool, gym, and spa for your leisure and wellness.
• Onsite Management: Benefit from the convenience of an onsite building manager.
• Prime Rental Potential: Previously leased for $2,477 per month, offering an attractive return for investors.
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Property Details for 501/8 Sutherland St, Melbourne

501/8 Sutherland St, Melbourne is a 2 bedroom, 2 bathroom Apartment. The property has a floor size of 60m2. The place is currently for sale with Melcorp Property.

Building Type
Apartment
Floor Size
60m2

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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 60,845 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 358 properties listed for sale, and 310 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2134 properties were sold in the past 12 months in Melbourne.

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