1508/1 William Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1508/1 William Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 1480m2
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Property Details for 1508/1 William St, Melbourne

1508/1 William St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 1480m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in March 2014.

Building Type
Unit
Year Built
1967
Floor Size
53m2
Land Size
1480m2
Local Government
Melbourne
Lot/Plan
1508/PS348426

Last Listing description (March 2014)

Securly Leased Serviced CBD apartment with great return at the popular Clarion Suites Gateway
Brilliant return of $18,691 Per year
Set on Level 15 of the Clarion Suites Gateway, this outstanding serviced apartment occupies a prized CBD position moments from Crown Entertainment Complex, boutique shopping, iconic laneways, award-winning Southbank restaurants and public transport.

Exceptionally maintained throughout, it caters for corporate clients and travellers looking for a central Melbourne base. With a secure lease until February 2018 this is a great opportunity for buyers looking for an initial steady income with the option to owner occupy or simply lease out on a 12 month lease. Either way this is a unique opportunity for owners.
Elegant and contemporary, the open plan design encompasses a large living and meals area, filled with natural light through floor-to-ceiling windows. Nearby is a smart kitchen dressed in polished floorboards. It has stainless steel Blanco gas appliances, full height cabinetry and a breakfast bar. The well-defined layout also incorporates a double bedroom with built-in robes and a sleek stone ensuite with a walk-in shower.
Features include internal laundry facilities, ducted heating and cooling, high ceilings, quality carpet, plush drapes, neutral tones and provisions for Internet. In addition, this apartment enjoys
a secure long-term lease and a great return.
Boasting four and a half stars, the building provides security entry, lift access, a heated indoor pool, a sun deck and onsite dining at William's bar and cafe.
Enquire today and don't miss out on this highly rewarding investment opportunity.

Property History for 1508/1 William St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$246,500
19 Mar 2014
  • 19 Mar 2014
    Sold for $246,500
  • 06 Nov 2013
    Listed for Sale $260,000
  • 08 Dec 2005
    Sold for $180,000
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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 64,240 properties. Over the last 5 years, Houses in Melbourne have seen a 51.77% increase in median value, while Units have seen a -4.12% decrease. As at 31 January 2026:

  • The median value for Houses in Melbourne is $2,008,911 while the median value for Units is $433,734.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 259 properties listed for sale, and 197 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2771 properties were sold in the past 12 months in Melbourne.

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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.