OFF MARKET

3505/38 Rose Lane
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 1494m2
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Last updated 16 Sep 2024
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Property Details for 3505/38 Rose Lane, Melbourne

3505/38 Rose Lane, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2017. The property has a land size of 1494m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2017
Floor Size
55m2
Land Size
1494m2
Local Government
Melbourne
Lot/Plan
3505/PS707779

Last Listing description (February 2024)

It cannot get better than this, for someone looking to purchase their first home or for the savvy investor wanting an estimated 7.5% rental yield! Located across the road from Southern Cross Station and surrounded by trams, boutique shops, award-winning restaurants, caf?s and bars, you'll be spoilt for choice when it comes to eating out or catching up with friends for a post-work drink. Marvel Stadium is 600m away, and you're an easy 13-minute walk to the Southbank Promenade. It doesn't get any better than that!

This apartment is semi-furnished, including most of the furniture and appliances that you can see! Furniture included is: Couch, beds, TV, TV unit, and fridge!

As you step inside this securely-accessed apartment via the sleek foyer, you're greeted by robust timber floors which lead to the designer kitchen which features quality stainless-steel appliances, stone bench-tops and ample storage. You then begin to enter the living area which includes floor-to-ceiling sliding doors that lead your private balcony; the ideal space for alfresco dining or unwinding amongst the city lights.

The functional floorplan leads you to the two generously-sized bedrooms which feature built-in robes and neutral d?cor, while the nearby bathroom flaunts mirrored cabinets and a huge walk-in shower. Finishing touches include a large European laundry, intercom and AC to the main living area.

If that wasn't impressive enough, the The Fifth Apartment Complex offers excellent resort-style facilities just minutes from your door, including a heated pool and spa, fully-equipped fitness centre, outdoor BBQ terrace, sauna and function room. This is your opportunity to snap up an outstanding apartment in one of the world's most liveable cities. Don't miss out!

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Property History for 3505/38 Rose Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$465,000
19 Jul 2023
Listed for Rent
$380/w
09 Dec 2021
  • 19 Jul 2023
    Sold for $465,000
  • 05 Jul 2023
    Listed for Sale $450,000 to $480,000
  • 29 Nov 2021
    Listed for Rent $380 / 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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