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Sold on 14 Nov 2024 - Price Unavailable

603/60 Market Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 603/60 Market St, Melbourne

603/60 Market St, Melbourne is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Apartment sold in Melbourne in the last 12 months.

Building Type
Apartment
Local Government
Melbourne
Lot/Plan
603/PS336605

Last Listing description (November 2024)

Rental income – Approx. $12,500 PA
Outgoing pay by the owner – Approx. $1,200 PA

This 'set and forget investment property within the 4.5 Star Oaks on Market Street, Oaks have the option to lease until 2036.

The apartment itself open plan living /dining area, and a separate fully equipped granite kitchenette that has sufficient natural light from the floor-to-ceiling windows. Coming fully furnished with sofas, dining table & matching chairs, coffee table and flat-screen TV, a well-appointed large bathroom, central heating and cooling, secure building entry, and access to amenities which include a concierge, gym, heated lap pool, sauna, spa, and function room.

There is also a brand-new cafe/restaurant on the ground floor, which has just been upgraded.

And add to all this is that you will have the best Melbourne has to offer all at your doorstep, Flinders and Southern Cross Stations around the corner & just a short walk and you will land in all the best of Melbourne's sporting, Crown Complex and Melbourne’s iconic lane-ways, buzzing bars, fashionable boutiques, top-rated cafés, and world-class restaurants, this is located at its ultimate best

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Property History for 603/60 Market St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
14 Nov 2024
  • 14 Nov 2024
    Sold
  • 23 Sep 2024
    Listed for Sale $170,000
  • 25 Jun 2009
    Sold for $325,080
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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 60,853 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 327 properties listed for sale, and 288 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2132 properties were sold in the past 12 months in Melbourne.

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