SOLD
Sold on 22 May 2024 for $309,000

724/555 Flinders Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Land area: 2647m2
Sold By
MICM Real Estate
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Property Details for 724/555 Flinders St, Melbourne

724/555 Flinders St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2009. The property has a land size of 2647m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
52m2
Land Size
2647m2
Local Government
Melbourne
Lot/Plan
724/PS549363

Last Listing description (June 2024)

* Photo has been virtual staged.

Positioned to perfection overlooking the Yarra River, this superbly spacious 1 bedroom apartment is a dream come true for first home buyers, astute investors and those on the lookout for a stylish town base. Head downstairs and explore the city and Southbank on foot from your doorstep. Simply stroll to to lively laneway cafes, Batman Park, Crown, free city trams, Southern Cross trains, South Wharf shopping and the parade of popular dining options lining the banks of the Yarra River.

The sunlit, open and streamlined layout incorporates living and dining complemented by plenty of room for a study zone if desired. Enjoy a stone-topped kitchen showcasing a mobile island bench and ample pantry space enhanced by a high-end Fisher and Paykel dishwasher. Prominently perched on the 7th floor of the prestigious Northbank Place complex, floor-to-ceiling glass slides open to reveal a sheltered balcony for all your alfresco entertaining needs. Immerse yourself in the uninterrupted beauty of the soaring Southbank skyline and catch the nightly Crown fire show in a riverside position of prestige! A mirror-robed and generously sized bedroom is wonderfully serviced by a sleek central bathroom showcasing a fully tiled shower area and laundry capability.

Comprehensive features include a tiled hallway entrance, ducted heating and cooling, recessed down-lighting, wall-mounted shelving, roller blinds, video intercom entry, CCTV security, lift access and an onsite building manager. An inspection will be rewarded!

Outgoings:
Council Rates: $197.25 per quarter approx.
Water Rates: $170.00 per quarter approx.
Owners Corporation Fees: $999.00 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 724/555 Flinders St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$309,000
22 May 2024
Listed for Rent
$281/w
17 Jun 2021
  • 22 May 2024
    Sold for $309,000
  • 20 Mar 2024
    Listed for Sale $309,000
  • 17 May 2021
    Listed for Rent $281 / week
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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 61,356 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 303 properties listed for sale, and 268 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2076 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.