505/8 Exploration LaneMelbourne VIC 3000
Property Details for 505/8 Exploration Lane, Melbourne
505/8 Exploration Lane, Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 1152m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (November 2023)
This well-positioned 3-bedroom apartment, both spacious and inviting, is nestled in the heart of the CBD. It presents a comfortable urban lifestyle complemented by sun-drenched windows within the highly desirable.
East End complex. The living and dining area, suffused with natural light, features the city skyline as a backdrop through luxurious floor-to-ceiling windows, enhanced by a generously sized private balcony. The contemporary kitchen boasts ample cupboard space, while both bedrooms are equipped with built-in robes. The master bedroom enjoys the added convenience of an ensuite bathroom, further enriched by a lavishly designed central bathroom.
The East End community offers a comprehensive array of shared amenities, including advanced security with video intercom access, exclusive entry to the indoor heated swimming pool, spa, sauna, and gym facilities situated within the building. On-site concierge services ensure an additional layer of security and convenience.
Conveniently positioned, this residence is just a short stroll away from Parliament station, Carlton Gardens, RMIT University, St. Vincent's Hospital, the Princess Theatre, Melbourne Central, QV, and an array of specialty retail shops and restaurants. Public transportation options abound, easily accessible within mere meters from the apartment.
Car space currently leased for $300 a month.
Property History for 505/8 Exploration Lane, Melbourne, VIC 3000
- 22 Apr 2024Sold for $700,000
- 28 Aug 2023Listed for Sale Price Amendment
- 15 Jun 2020Sold for $649,000
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0About 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.
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