1406/8 Exploration Lane, Melbourne, VIC 3000 sold on 30 January 2025 | OnTheHouse
SOLD
Sold on 30 Jan 2025 for $480,000

1406/8 Exploration Lane
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 1406/8 Exploration Lane, Melbourne

1406/8 Exploration Lane, Melbourne is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 2 bedroom Apartment sold in Melbourne in the last 12 months.

Building Type
Apartment

Last Listing description (January 2025)

Gloriously light-filled from floor-to-ceiling windows, this modern apartment offers a low-maintenance, central CBD lifestyle.

Platinum presentation is a constant throughout the contemporary interior, providing open-plan living/dining, sleek stone-topped kitchen and private balcony.

Appreciate the additional space delivered by 2 robed bedrooms (main with luxe ensuite) and stunning bathroom, complemented by heating/AC, car space and all the complex's exclusive amenities including indoor pool, spa, sauna and gym.

Start out or invest in your own slice of Melbourne's vibrant City, walking distance to QV, RMIT, Melbourne Central, Carlton Gardens and State Library.

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 1406/8 Exploration Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$480,000
30 Jan 2025
  • 30 Jan 2025
    Sold for $480,000
  • 20 Nov 2024
    Listed for Sale $480,000
  • 09 Dec 2021
    Listed for Rent $450 weekly
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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 64,286 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 247 properties listed for sale, and 358 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2728 properties were sold in the past 12 months in Melbourne.

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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.