SOLD
Sold on 27 Nov 2023 for $2,190,000

702/505-507 St Kilda Road
Melbourne VIC 3004

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Floor area: 185m2
Land area: 3041m2
Sold By
Kay & Burton Stonnington
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Property Details for 702/505-507 St Kilda Rd, Melbourne

702/505-507 St Kilda Rd, Melbourne is a 3 bedroom, 3 bathroom Unit and was built in 2009. The property has a land size of 3041m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
185m2
Land Size
3041m2
Local Government
Melbourne
Lot/Plan
702/PS544814

Last Listing description (January 2024)

Utterly captivating, this fully renovated apartment brings a new level of opulence to living on Melbourne's most iconic leafy boulevard.

One of just two residences on Level 7 of the St Kilda Road Tower of the celebrated 505 St Kilda Road, designed by Fender Katsalidis, this three bedroom, three bathroom apartment delivers effortless luxury with inspirational views to the city, Albert Park and beyond.

Interiors re-imagined by design powerhouse, Coco Republic, are underpinned by chevron parquetry and woolen carpets, with quartz stone finishes throughout. Imported Timothy Oulton light fittings add to the magic.

Maximizing natural light, space and privacy, the balanced floorplan offers ideal separation between living and bedroom accommodation.

The open-plan living room, with a built-in television, Bose surround sound and motorized blinds, captures expansive views of Albert Park's greenery as far as Port Phillip Bay. The adjoining dining room, ideal for large or intimate gatherings, opens to the wintergarden for sheltered indoor-outdoor entertaining whatever the weather.

Overlooking the dining area, the Miele kitchen's quartz benchtops include a generous island bench while it also features an integrated fridge freezer, Zip tap, motorized cabinets and butler's pantry.

The lavish main bedroom with a walk-in wardrobe and sublime ensuite is complemented by two more bedrooms, each with an ensuite and a luxe powder room.

More features of this compelling apartment are the study, laundry, heating, cooling, two car spaces and storage.
Residents enjoy outstanding amenities of seven-day concierge, 25 m lap pool, steam room, sauna and direct access to the endless beauty of Fawkner Park. It is just a quick tram ride or walk to the beautiful Royal Botanic Gardens, the vibrant Arts Centre and a range of eclectic cafes, bars and restaurants.

Property History for 702/505-507 St Kilda Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$2,190,000
27 Nov 2023
Listed for Rent
$1.00k/w
19 Sep 2013
  • 27 Nov 2023
    Sold for $2,190,000
  • 01 Nov 2023
    Listed for Sale SOLD: Undisclosed
  • 18 Dec 2016
    Sold for $1,850,000
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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 13,421 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 49 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 631 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.