1/20 Somerset Place, Melbourne, VIC 3000 sold on 01 September 2025 | OnTheHouse
SOLD
Sold on 01 Sep 2025 for $2,880,000

1/20 Somerset Place
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 281m2
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Property Details for 1/20 Somerset Pl, Melbourne

Building Type
Commercial
Year Built
2005
Land Size
281m2
Local Government
Melbourne
Lot/Plan
1/PS509138

Last Listing description (December 2022)

Overlooking the leafy Elizabeth Street and featuring a bluestone facade, this bright large apartment offers one large bedroom with mirrored built-in robes, roomy study large enough to fit a single bed and fully equipped, modern kitchen with European stainless-steel appliances including a dishwasher.

The long hallway offers plenty of cupboard space for storage and also includes the tucked away European laundry with dryer provided, with an open plan living area looking onto the tree line of Elizabeth Street and split system air conditioning and heating, this apartment is in the midst of Melbourne's vibrant CBD.

Complete with a totally renovated central bathroom with shower over bath, and modern interior, this stylish apartment won't want to be missed.

Use this link to APPLY NOW!! - https://our.property/ZF0

Property History for 1/20 Somerset Pl, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$2,880,000
01 Sep 2025
Listed for Rent
$400/w
21 Dec 2022
  • 01 Sep 2025
    Sold for $2,880,000
  • 25 Nov 2022
    Listed for Rent $400 / week
  • 28 Apr 2020
    Listed for Rent $380 / week
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of 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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2749 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.