SOLD
Sold on 15 May 2024 for $485,000

321/55 Queens Road
Melbourne VIC 3004

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
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Property Details for 321/55 Queens Rd, Melbourne

321/55 Queens Rd, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
80m2
Local Government
Port Phillip
Lot/Plan
321/PS542638

Last Listing description (May 2024)

Stylish 2-bedroom apartment situated on the 3rd floor of the much sought-after Grosvenor complex on Queens Rd, Opposite Albert Park.
Be spoilt with an abundance of Cafes and bars, whilst discovering the best of the inner-city parks such as Albert Park, Fawkner Park, and stroll through local markets like Prahran and The Esplanade, St Kilda. St Kilda Road trams are just a few minutes walk away.
Spacious Apartment, video entry for guests /Lift access and offering two generous sized bedrooms both with Mirrored BIR, kitchen complete with stone benchtops and stainless-steel appliances. Spacious dining and lounge area leads to a large light filled balcony- ideal for evening drinks, large bathroom, and European laundry, whilst comfort is maintained with reverse cycle heating and cooling. All this plus on site secure parking.

The Grosvenor offers a stylish lobby with a secure mail room, on-Site Building Manager, gymnasium, indoor heated pool, and night security.

Property History for 321/55 Queens Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$485,000
15 May 2024
Listed for Rent
$540/w
30 Mar 2017
  • 15 May 2024
    Sold for $485,000
  • 26 Oct 2022
    Listed for Sale $499,000 - $530,000
  • 30 Mar 2017
    Listed for Rent - Price not available
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About Melbourne 3004

The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% 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 13,419 properties. Over the last 5 years, Houses in Melbourne have seen a 15.95% increase in median value, while Units have seen a -5.15% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,437,130 while the median value for Units is $659,144.
  • Houses have a median rent of $620 while Units have a median rent of $625.
There are currently 85 properties listed for sale, and 53 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 615 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3004

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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.