SOLD
Sold on 20 Feb 2024 for $400,000

406/7 Katherine Place
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 52m2
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Property Details for 406/7 Katherine Pl, Melbourne

406/7 Katherine Pl, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2013. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
52m2
Local Government
Melbourne
Lot/Plan
406/PS622426

Last Listing description (July 2024)

Perfectly positioned in the highly sought after “AURA" Apartment Complex, this generously sized 2 bedroom apartment embraces a vibrant city lifestyle of elegance & class. Enjoy fantastic returns from this sure portfolio performer in a stunning location. A truly fantastic opportunity for first home buyers and savvy investors alike.

Offering a convenient & spacious layout, the light-filled apartment comprises an open plan & light filled living-dining area with floor to ceiling windows. Featuring 2 king-sized bedrooms with mirrored built in robes & ample storage, ultra-spacious alfresco balcony offering uninterrupted city views across the Yarra River, a well appointed kitchen featuring glass splash-back, caesar-stone bench tops & stainless steel appliances. Also featuring a sparkling central bathroom & Euro laundry facilities. Other facilities include 24-7 Concierge, Secure intercom entry, TV-monitored security, Lift access and fully equipped-gymnasium.

Conveniently located amidst all that the CBD has to offer, in close proximity to Melbourne's iconic Crown Entertainment Complex filled with world-class restaurants, buzzing bars & top end fashionable boutiques, DFO shopping Centre, riverside restaurants and South Wharf bars. With trams at your doorstep, Flinders and Southern Cross Stations both a short walk away, this is luxury living at its best in the vibrant city lifestyle.

To arrange a private inspection please contact Annamaria on 0481 602 108

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Property History for 406/7 Katherine Pl, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$400,000
20 Feb 2024
Listed for Rent
$490/w
31 May 2019
  • 23 May 2024
    Listed for Rent $580 / week
  • 20 Feb 2024
    Sold for $400,000
  • 08 Sep 2023
    Listed for Sale $390,000-$415,000
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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 61,329 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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