OFF MARKET

701/8 Bowen Crescent
Melbourne VIC 3004

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 1206m2
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Last updated 17 Feb 2025
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Property Details for 701/8 Bowen Cres, Melbourne

701/8 Bowen Cres, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 1206m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
Unit
Land Size
1206m2
Local Government
Port Phillip
Lot/Plan
701/PS809745

Last Listing description (February 2025)

* Photo has been virtual staged

A captivating illustration of resort-grade luxury, this sleek 2 bedroom, 2 bathroom apartment delivers in style on the seventh floor of the prestigious Albert Place complex. Venture downstairs and acquaint yourself with a special neighbourhood moments from Albert Park Lake, Domain Road fine dining, St Kilda Road trams, leading schools, Royal Botanic Gardens greenery and the upcoming Anzac Railway Station. This is truly living!

Every flawless finish of this radiant retreat will leave you inspired. A stylish kitchen is superbly appointed with smooth stone surfaces, a breakfast bar, soft-closing cabinetry, a concealed fridge space and high-end Miele appliances including a full-sized dishwasher. Framed by floor-to-ceiling glass, spacious living and dining opens up to an undercover balcony basking in the warmth of natural sunlight. Working from home will also be a breeze with a professional study zone boasting a built-in workstation. Generously sized and robed, the light-filled bedrooms are serviced by a pristine pair of fully tiled bathrooms featuring stone-topped vanities, mirrored cabinetry and rainfall/hand-held shower fittings.

The list of special features includes secure parking plus an over-the-bonnet storage unit, a European laundry, split-system heating and cooling in the living space and main bedroom, double glazing, roller blinds, lightly toned timber flooring, smart lock security, recessed LED down-lighting and video intercom entry. Developed by market leaders Gurner with curated interiors by David Hicks, Albert Place comes complete with a plush entrance foyer, building manager, an indoor pool, spa, sauna and access to valet parking and a wine cellar. Take action today!

Outgoings:
Council Rates: $374.43 per quarter approx.
Water Rates: $166.60 per quarter approx.
Owners Corporation Fees: $1,673.70 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 701/8 Bowen Cres, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$757,500
30 Jun 2017
Listed for Rent
$680/w
12 Jan 2024
  • 04 Jun 2024
    Listed for Sale $669,000 - $709,000
  • 04 Dec 2023
    Listed for Rent $680 / week
  • 24 Nov 2022
    Listed for Rent $650 / 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 13,571 properties. Over the last 5 years, Houses in Melbourne have seen a 45.46% increase in median value, while Units have seen a -8.57% decrease. As at 31 January 2025:

  • The median value for Houses in Melbourne is $1,938,171 while the median value for Units is $643,497.
  • Houses have a median rent of $625 while Units have a median rent of $650.
There are currently 84 properties listed for sale, and 54 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 652 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.