OFF MARKET

1707/8 Downie Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 79m2
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Last updated 16 Sep 2024
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Property Details for 1707/8 Downie St, Melbourne

1707/8 Downie St, Melbourne is a 2 bedroom, 2 bathroom Apartment. The property has a floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Apartment
Floor Size
79m2
Local Government
Melbourne
Lot/Plan
1707/PS506544

Last Listing description (September 2023)

Currently, the rental is $800 per week.

The expansive open-plan living and dining area enjoys angled views over Docklands, the bay, and the western suburbs. The kitchen features quality stainless steel appliances, stylish stone benchtops, and an abundance of storage space. With more than enough room for an expansive lounge and dining setup, it is ideal for entertainers. You will be sure to relax in comfort thanks to the split system heating and cooling. The sizeable balcony can be accessed via sliding doors.

The master king-size bedroom benefits from the use of an immaculately presented tiled ensuite with marble finishes, complete with all your grooming essentials and plenty of room to maneuver.

Residents of Eifel Apartments will also enjoy the use of resort-style facilities, including a heated pool, spa, fully equipped gym, and sauna. You will also take advantage of a full-time building manager, security swipe card entry, and video intercom to ensure your security.

Additionally, the property is within the Free Tram Zone, offering easy access to Flinders Street Station, Flagstaff Gardens, Crown Casino, Melbourne Central, Queen Victoria Market, University of Melbourne, RMIT University, and all city colleges.

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Property History for 1707/8 Downie St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$489,000
01 Sep 2023
Listed for Rent
16 Feb 2024
  • 22 Jan 2024
    Listed for Rent $820 / week
  • 01 Sep 2023
    Sold for $489,000
  • 11 Mar 2022
    Listed for Rent $580 / 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 61,329 properties. Over the last 5 years, Houses in Melbourne have seen a 33.57% increase in median value, while Units have seen a 2.46% increase. As at 31 August 2024:

  • The median value for Houses in Melbourne is $1,218,497 while the median value for Units is $465,019.
  • Houses have a median rent of $600 while Units have a median rent of $645.
There are currently 301 properties listed for sale, and 275 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2039 properties were sold in the past 12 months in Melbourne.

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