SOLD
Sold on 12 Mar 2024 for $320,000

3809/38 Rose Lane
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 1494m2
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Property Details for 3809/38 Rose Lane, Melbourne

3809/38 Rose Lane, Melbourne is a 1 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 March 2024. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
55m2
Land Size
1494m2
Local Government
Melbourne
Lot/Plan
3809/PS707779

Last Listing description (February 2024)

One of the luxuries building in Melbourne CBD - The Fifth Apartments

The spectacular 50-storey tower offers stunning north, east and south views of Melbourne CBD, and is equipped with its very own ground-floor retail precinct (including popular restaurants and cafe).

The Fifth's residential recreational space is designed by renowned, award winning, landscape designer and architect, Jack Merlo, and features a pool, spa, gym, garden lounge, landscaped rooftop garden, residents' lounge with fireplace and communal dinning space with teppanyaki grills, offering the best indoor and outdoor urban design in the heart of the CBD.

Located on the corner of Lonsdale Street and Rose Lane, Melbourne's newest laneway, it is within 1 km of all of Melbourne's major precincts and landmarks, offering a rich and extensive tapestry of entertainment, food and fashion. And with Southern Cross Station situated within 500m, a multitude of public transport options are an offer including train, tram and bus terminals.

This apartment located on the 38th floor of The Fifth Apartment, this luxurious apartment will be ticking all the boxes for both investors and self-occupiers as well as first-timers.

Please call 0414888289 Alrick / 0401061051 Liang for more information or arrange a private inspection before it sold.

All information including the internal and external property area (floor size, address, and general property description) on the website has been provided to DPG Property Group by third parties.
Information contained on the website should not be relied upon and homebuyers are encouraged to undertake due diligence before a property purchase.

*Furniture in the photos is for reference only and not included in the sale.

Property History for 3809/38 Rose Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$320,000
12 Mar 2024
  • 12 Mar 2024
    Sold for $320,000
  • 19 Apr 2023
    Listed for Sale $370,000 to $400,000
  • 17 Jul 2014
    Sold for $397,000

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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 61,354 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 261 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2070 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.