SOLD
Sold on 21 Jun 2024 for $722,000

509/55 Queens Road
Melbourne VIC 3004

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 99m2
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Property Details for 509/55 Queens Rd, Melbourne

509/55 Queens Rd, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2008. The property has a floor size of 99m2. 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.

Building Type
Unit
Year Built
2008
Floor Size
99m2
Local Government
Port Phillip
Lot/Plan
509/PS542638

Last Listing description (August 2024)

Graced with a functional and exciting dual-level design, showing off breathtaking views of Albert Park Lake and out to Port Phillip Bay, and right on the cusp of both the city and the relaxed vibe of St Kilda, this mesmerising 2 bedroom, 2 bathroom apartment sets an incredibly high standard.

This very special residence promises 108 sqm (approx.) of stellar space
The enormous living and dining zone has extended appeal giving you a wealth of room for all activities!

Access the balcony off the living hub so you can soak in the memorable lake and bay views from your very own alfresco area
Premier stone kitchen is equipped with a breakfast bar and stainless steel appliances
Top floor bedroom has its very own study nook as well as built-in robe storage
Ground level master bedroom is private and secluded and comes with a sleek ensuite, large study area, and built-in robe
Beautiful top-floor bathroom
European laundry
Ducted heating and cooling
Secure intercom entry
Secure car space

PROPERTY SIZE
Internal 101m2
External 7m2
Total Size 108m2

AMENITIES
Residents of The Grosvenor will have access to a gym, swimming pool, and onsite building manager.

LOCATION
This perfect inner city location has you so close to Albert Park Lake with golf course, Melbourne Sports and Aquatic Centre, Fitzroy Street restaurants, Chapel Street cafes and boutique shopping, Prahran Market, St Kilda Beach, all the best the city has to offer which is easily accessed via tram, Fawkner Park, Royal Botanic Gardens, Wesley College, Prahran Station, and so much more!

All information including the internal and external property area (floor size, address, and general property description) on the website has been provided to Lucas Real Estate by third parties.
Information contained on the website should not be relied upon and homebuyers are encouraged to undertake due diligence before a property purchase.

Please contact Cary Thornton on 0437 204 556 or Brooke Busuttil on 0413 590 202 to discuss this property further.

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Property History for 509/55 Queens Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$722,000
21 Jun 2024
Listed for Rent
$630/w
02 Aug 2022
  • 21 Jun 2024
    Sold for $722,000
  • 20 May 2024
    Listed for Sale $700,000 - $750,000
  • 28 Mar 2024
    Listed for Rent $830 / 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 13,428 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:

  • 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 86 properties listed for sale, and 51 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 636 properties were sold in the past 12 months in Melbourne.

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