SOLD
RECENT ADVICE
Sold on 10 Jul 2024 for $470,000

518/74 Queens Road
Melbourne VIC 3004

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Sold By
MICM Real Estate
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Property Details for 518/74 Queens Rd, Melbourne

518/74 Queens Rd, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
58m2
Local Government
Port Phillip
Lot/Plan
518/PS641029

Last Listing description (July 2024)

A north-facing illustration of style, space and sophistication, this impeccable 2 bedroom apartment takes lakeside luxury to the next level. Set on the fifth floor of the resort-inspired Monarc complex, venture downstairs and stroll to city and beach-bound trams, Albert Park Lake, acres of parkland to explore, St Kilda attractions, leading schools and a mouth-watering selection of local eateries.

Spacious open-plan living and dining pivots an ultra-stylish kitchen with gleaming granite surfaces, a concealed fridge space and high-performing Smeg appliances plus an integrated Bosch dishwasher. Stretching out in northern sunlight, spill outside to a full-width undercover balcony overlooking the neighbouring skyline before resting on the tranquil blue waters of Albert Park Lake. Imagine the alfresco fun during Grand Prix week! Both sizeable bedrooms feature built-in robes, sensationally serviced by a stylish two-way bathroom with floor-to-ceiling tiles and ample storage.

Take advantage of secure undercover parking, a European laundry, split-system heating and cooling, double glazing, roller blinds, a fresh coat of paint and sleek down-lighting. Luxury-led Monarc is graced with intercom entry, a plush entrance foyer and use of a well-equipped gym and a shared lounge. Tailor-made for a smart start, a low-maintenance investment or downsizing without compromising, this radiant retreat has it all!

Outgoings:
Council Rates: $250.00 per quarter approx.
Water Rates: $165.00 per quarter approx.
Owners Corporation Fees: $1,100.00 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 518/74 Queens Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$470,000
10 Jul 2024
Listed for Rent
$600/w
31 Mar 2023
  • 10 Jul 2024
    Sold for $470,000
  • 23 Jun 2024
    Sold for $470,000
  • 29 Apr 2024
    Listed for Sale $470,000
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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 13,566 properties. Over the last 5 years, Houses in Melbourne have seen a 131.21% increase in median value, while Units have seen a -4.96% decrease. As at 31 July 2024:

  • The median value for Houses in Melbourne is $2,091,693 while the median value for Units is $640,848.
  • Houses have a median rent of $630 while Units have a median rent of $625.
There are currently 96 properties listed for sale, and 53 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 629 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.