1208/301 King Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
FOR SALE

1208/301 King Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1299m2
Save

Property Details for 1208/301 King St, Melbourne

1208/301 King St, Melbourne is a 1 bedroom, 1 bathroom Unit. The property has a land size of 1299m2.This Property is currently listed for sale with AREAL PROPERTY

Building Type
Unit
Land Size
1299m2
Local Government
Melbourne
Lot/Plan
1208/PS827459

Last Listing description (April 2026)

High-Yield CBD Investment 8%+ Rental Return in the Heart of MelbournePositioned in one of the most convenient pockets of the CBD, 1208/301 King Street, Melbourne presents an exceptional opportunity for savvy investors seeking strong returns and long-term growth.This well-appointed 1 bedroom, 1 bathroom apartment offers low-maintenance living combined with an impressive rental yield of 8%+, making it a standout performer in todays market.Situated within the sought-after Melbourne CBD, the property enjoys immediate access to everything the city has to offer. From world-class dining and shopping to seamless public transport options including Melbourne tram network and Southern Cross Station, convenience is second to none.The apartment features:-Spacious bedroom with built-in robes-Light-filled open-plan living and dining area-Functional kitchen with quality appliances-Modern bathroom-Secure building with lift accessPerfectly suited for investors, this property offers:-Strong rental demand in a prime CBD location-High rental yield exceeding 8%-Low-maintenance asset with consistent income potentialBeyond the apartment, residents enjoy a sculptural indoor pool, sauna, fully equipped gymnasium, private dining rooms, co-working spaces and a ballroom. The King Street location places Flagstaff Gardens, Queen Victoria Market, Bourke Street Mall and Southern Cross Station all within walking distance, alongside the laneways, cafes and restaurants that define Melbourne's celebrated food and culture scene.Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 1208/301 King St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$541,500
05 Jun 2019
  • 25 Mar 2026
    Listed for Sale $425,000-$465,000
  • 05 Jun 2019
    Sold for $541,500
Commute Calculator

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 64,271 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 274 properties listed for sale, and 168 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2689 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.