3708/38 Rose Lane, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
FOR SALE
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3708/38 Rose Lane
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Prime CBD Living at 38 Rose Lane, Melbourne

Perched high above the city streets, this exceptional 2-bedroom, 1-bathroom apartment at 38 Rose Lane offers the pinnacle of inner-city convenience. Located in the heart of the Melbourne CBD, this residence places you within a short stroll of world-class dining, boutique shopping, bustling laneways, and major transport hubs. Whether you are heading to work, university, or simply exploring the city's vibrant cultural precincts, everything you need is right at your doorstep.
The apartment itself is designed for modern comfort and practicality. The well-appointed kitchen features a dishwasher, oven, cooker, and rangehood, making meal preparation a breeze. The open-plan living and dining area is bathed in natural light, thanks to its elevated position, and offers a tranquil retreat from the urban energy below. Both bedrooms are generously sized and come complete with built-in robes, providing excellent wardrobe space, while additional storage throughout the apartment ensures there is a place for everything-a rare luxury in city living.
What truly sets this property apart is the inclusion of a coveted car space. In a location where parking is at a premium, this is an invaluable asset. Not only does it provide unparalleled convenience for residents, but it also represents a significant income opportunity for investors, who can rent the space separately for additional revenue.
Ideal for both owner-occupiers seeking a low-maintenance city base and investors looking for a high-yield opportunity, this property ticks every box. With ample storage, secure parking, and a premier CBD address, this high-floor gem at 38 Rose Lane is a rare find in Melbourne's competitive market. Don't miss your chance to secure this versatile urban sanctuary.
Private inspection requests are welcome but subject to availability.
(PHOTO ID REQUIRED AT OPEN HOUSE)
NOTE: Link for Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
Disclaimer: All dimensions, sizes & layout are approximate and for illustrative purposes only. The producer or agent cannot be held responsible for any errors, omissions or misstatements.
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Property Details for 3708/38 Rose Lane, Melbourne

3708/38 Rose Lane, Melbourne is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Jalin Realty Australia Pty Ltd.

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Apartment
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% 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 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,505 properties. Over the last 5 years, Houses in Melbourne have seen a -13.97% decrease in median value, while Units have seen a -2.46% decrease. As at 30 June 2026:

  • The median value for Houses in Melbourne is $1,470,997 while the median value for Units is $440,978.
  • Houses have a median rent of $710 while Units have a median rent of $680.
There are currently 306 properties listed for sale, and 210 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2522 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Ernest Towle
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Janice Sae
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Jalin Realty Australia Pty Ltd
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.