SOLD
Sold on 09 Jul 2024 for $363,000

2706/8 Downie Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 59m2
Land area: 61m2
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Property Details for 2706/8 Downie St, Melbourne

2706/8 Downie St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 61m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
59m2
Land Size
61m2
Local Government
Melbourne
Lot/Plan
2706/PS506544

Last Listing description (July 2024)

Apartment Features:
In great condition
Abundance of natural light from the full-length floor-to-ceiling windows

Open plan lounge and dining area
Streamlined kitchen with stone benchtop

The property is currently vacant and available for immediate occupancy or investment

Furniture can be included in the sale at an additional cost.

Outgoings: For detailed fee information, please refer to Section 32:
OC fees: $1,162 per quarter approx.
Council rate: $240 per quarter approx.
Water rate: $180 per quarter approx.

Estimated rent: $635-$650 per week

Facilities: indoor heated pool, spa, gym

Location: Close to the Southern Cross Transport hub, Crown, Outlet Shopping Centre, Flinders Lane Cafes, within Free Tram Zone, walking distance to an array of fantastic restaurants, bars, cafes and shopping centers that the city offers. A short tram ride or walking distance to all city universities, city colleges and schools.

Please feel free to CALL Helen Guo to arrange your private inspection.

Property History for 2706/8 Downie St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$363,000
09 Jul 2024
Listed for Rent
$360/w
29 Jun 2021
  • 09 Jul 2024
    Sold for $363,000
  • 06 Jul 2024
    Sold for $363,000
  • 15 Mar 2024
    Listed for Sale Contact Agent
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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 61,317 properties. Over the last 5 years, Houses in Melbourne have seen a 39.04% increase in median value, while Units have seen a -0.03% decrease. As at 31 July 2024:

  • The median value for Houses in Melbourne is $1,620,620 while the median value for Units is $451,754.
  • Houses have a median rent of $600 while Units have a median rent of $640.
There are currently 287 properties listed for sale, and 269 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2031 properties were sold in the past 12 months in Melbourne.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.