SOLD
RECENT ADVICE
Sold on 09 Nov 2024 for $330,000

5/80 Queens Road
Melbourne VIC 3004

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 56m2
Land area: 652m2
Sold By
Gary Peer & Associates St Kilda
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Property Details for 5/80 Queens Rd, Melbourne

5/80 Queens Rd, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1965. The property has a land size of 652m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
56m2
Land Size
652m2
Local Government
Port Phillip
Lot/Plan
5/LP68052

Last Listing description (November 2024)

Positioned on one of Melbourne?s most iconic boulevards, enjoying glorious vistas of Albert Park, this boutique one-bedroom apartment presents a prime opportunity for market entrants or shrewd investors looking to enter this sought-after city-fringe location. Elevated on the first floor to make the most of its privileged outlook, the single-bedroom home is equipped for living or leasing today, while offering fantastic scope for a modern update at your leisure. Accessed via a large entrance alcove ideal for use as a storage or study nook, the central living & dining space is flanked by a floor-to-ceiling window wall providing access to the home?s treetop balcony boasting a prized park outlook that extends westerly across Albert Park Lake for striking sunset views. Featuring built-in robes, the home?s bedroom is serviced by a bathroom with shower-over-bath & laundry facilitates. A separate kitchen is equipped for current use with a freestanding electric cooktop. Complete with split-system climate control & designated off-street parking, revel in one of our city?s most spectacular lifestyle locations with Albert Park Lake across the road, vibrant Chapel & Fitzroy Streets around the corner & Southbank & the CBD just a short tram ride away.

Property History for 5/80 Queens Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$330,000
09 Nov 2024
Listed for Rent
$320/w
26 Sep 2022
  • 09 Nov 2024
    Sold for $330,000
  • 14 Oct 2024
    Listed for Sale $300,000 - $330,000
  • 17 Aug 2022
    Listed for Rent $320 / week
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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 13,426 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 90 properties listed for sale, and 49 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 635 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.