1007/38 Rose Lane, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1007/38 Rose Lane
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 1491m2
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Last updated 23 Mar 2026
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Property Details for 1007/38 Rose Lane, Melbourne

1007/38 Rose Lane, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 1491m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
2017
Land Size
1491m2
Local Government
Melbourne
Lot/Plan
1007/PS707779

Last Listing description (October 2024)

Enviably situated in the vibrant heart of Melbourne, mere steps away from trams to a thrilling array of renowned restaurants, glamorous bars and luxury shopping, this stylish apartment is filled with natural light and boasts elevated views across the cityscape.

Poised within easy walking distance of both Southern Cross and Flagstaff Stations, Spencer Street shopping, Coles, Crown Asian Supermarket, the famed Queen Victoria Market and Marvel Stadium, the apartment is also just a stroll from leafy Flagstaff Gardens, for relaxed outdoor recreation and picnics. Both Melbourne University and RMIT are moments away, creating a truly superb opportunity for investors, students and young professionals alike.

With an inviting open plan layout and elegant wide engineered oak flooring, the apartment living and dining area flows out to a spacious undercover balcony, ideal for outdoor dining and barbeques. The airy galley-style kitchen comprises stone benchtops, recessed LED lighting, and quality appliances including an integrated microwave, a concealed integrated dishwasher, an electric oven, and a gas cooktop.

Two large bedrooms are each equipped with generous built-in wardrobes, including a master with a private ensuite offering a semi-frameless glass shower, sleek feature tiling, serene recessed lighting, and a mirrored shaving cabinet. Complementing the second bedroom, an additional full bathroom is finished to identical standards.

Featuring split system air conditioning and heating, roller blinds, a concealed laundry space and remote intercom entry, the building also offers a range of exceptional communal facilities, including a swimming pool and spa, a steam room, a full gymnasium, lounge and dining spaces, and a podium garden with barbeque facilities, ideal for hosting guests.

Property History for 1007/38 Rose Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$619,000
09 May 2018
Listed for Rent
$800/w
13 Jun 2023
  • 28 Aug 2024
    Listed for Sale $559,000
  • 01 Jul 2024
    Listed for Sale $559,000
  • 19 Mar 2024
    Listed for Sale $559,000
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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 64,236 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:

  • The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 250 properties listed for sale, and 157 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2752 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Cotality Copyright and Legal Disclaimers about Property Data
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.