308/1 Queens Road Melbourne VIC 3004
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Prime Queens Rd Office Opportunity
Property Details for 308/1 Queens Rd, Melbourne
About Melbourne 3004
The size of Melbourne is approximately 3.8 square kilometres. There are 14 parks, covering nearly 74.2% 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 13,702 properties. Over the last 5 years, Houses in Melbourne have seen a 49.24% increase in median value, while Units have seen a -3.48% decrease. As at 31 May 2026:
- The median value for Houses in Melbourne is $1,763,646 while the median value for Units is $648,858.
- Houses have a median rent of $725 while Units have a median rent of $650.
Suburb Insights for Melbourne 3004
Market Insights
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