OFF MARKET

508/22 Coromandel Place
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 50m2
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Property Details for 508/22 Coromandel Pl, Melbourne

508/22 Coromandel Pl, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2011. The property has a floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2011
Floor Size
50m2
Local Government
Melbourne
Lot/Plan
508/PS634060

Last Listing description (March 2023)

Welcome to this fantastic entry level priced 2 bedroom apartment which offers the best city living at the enviable Paris end of Melbourne for both an investor or owner occupier!

For those who want to inhabit themselves or for keen investors (with an estimated whopping 6.5% rental return) make the most of gleaming floor tiles through open living and meals, sliding doors opening out from the living zone to create a balcony where you can soak in the city vistas at sunset, sleek kitchen with stainless steel benchtops and appliances, both bedrooms with mirrored BIRs, stylish bathroom, European laundry, reverse cycle heat/cool, video intercom, and separate storage room. You also have access to a stunning rooftop BBQ area.

Enjoying being so close to an abundance of trendy restaurants and bars which is what makes Melbourne's CBD so exciting! You're also near Chinatown restaurants, Melbourne's theatre district, Carlton Gardens, Treasury Gardens, Collins Place with Kino Cinema, Bourke Street Mall, QV shopping, RMIT University, trams, and Parliament Station.

This won't last long, contact Alexander to secure your viewing shortly.

Property History for 508/22 Coromandel Pl, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$380,000
10 Mar 2023
  • 10 Mar 2023
    Sold for $380,000
  • 21 Feb 2023
    Listed for Sale $360,000 to $380,000
  • 23 Aug 2011
    Sold for $472,500

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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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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.