SOLD
RECENT ADVICE
Sold on 16 Feb 2024 for $301,000

1302/8 Downie Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 1302/8 Downie St, Melbourne

1302/8 Downie 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 February 2024. There are other 1 bedroom Apartment sold in Melbourne in the last 12 months.

Building Type
Apartment

Last Listing description (February 2024)

Enter the market in undeniable style with this ultra-modern 1 bedroom apartment designed to highlight stunning city views in contemporary north-facing comfort. Perfectly perched on the 13th floor of the popular Eifel complex, the low-traffic CBD location sells itself. Take a short stroll to Degraves Street cafes, Crown entertainment, Yarra River parkland, the Convention Centre precinct, and a wide range of public transport including free city trams.

Expertly directing natural light throughout, discover open-plan living and dining underpinned by a kitchen featuring sleek stone surfaces, ample storage space, and a full-sized dishwasher. Step outside to a full-length balcony, purpose-built for relaxing or entertaining in privacy while enjoying a sky-high city skyline panorama with a northerly orientation. Generously sized bedroom is serviced by wall-to-wall built-in robes and a sparkling bathroom with a stone-finished vanity.

Take advantage of a tiled entrance hallway, a concealed laundry with a dryer, recessed down-lighting, video intercom entry, and resort-style facilities including exclusive access to an indoor swimming pool, spa, sauna, and a fully fitted gym.

Currently tenanted on month to month. Getting $1869 PCM.

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Property History for 1302/8 Downie St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$301,000
16 Feb 2024
Listed for Rent
$330/w
28 Jul 2022
  • 16 Feb 2024
    Sold for $301,000
  • 15 Jan 2024
    Listed for Sale $280,000 - $310,000
  • 22 Jul 2022
    Listed for Rent $330 / week
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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 335 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2205 properties were sold in the past 12 months in Melbourne.

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