506/400 St Kilda Rd, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1442m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.
A surprisingly large city-fringe apartment inspired by the grace and grandeur of the finest European cities, this classically styled two bedroom, two bathroom 'The Botanica' residence enjoys one of Melbourne's most iconic positions directly opposite the Botanic Gardens and merely moments from Albert Park Lake. Securely set on the fifth floor and with a highly coveted parking space in the basement, this is a flawlessly presented apartment to exceed expectations. Resplendent under soaring ceilings, the home reveals a stone-topped kitchen with stainless steel appliances and open-plan dining/living, all of which combine for elegant entertaining that spills outdoors to a generous undercover terrace. The home's bedrooms deliver a generously scaled sense of sanctuary with either walk-in or built-in robes as well as a marble-topped ensuite in the main bedroom, plus there is secure video entry, non-stacker basement parking, plantation shutters, split system heating and air conditioning. This is a dream location within easy reach of an almost limitless selection of cafes, restaurants, bars and nightlife venues at Southbank, South Yarra and South Melbourne, whilst the CBD, the Arts and sporting precincts are also just moments away.
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 13,428 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:
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