16/288-308 Exhibition Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

16/288-308 Exhibition Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 19 Jan 2026
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Property Details for 16/288-308 Exhibition St, Melbourne

16/288-308 Exhibition St, Melbourne is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Melbourne

Last Listing description (June 2022)

Project Introduction:
Sapphire By The Gardens is a luxury residential tower alongside the 5 star Shangri-La international hotel. A sky bridge connects the two towers creating an iconic sculpture in the Melbourne city skyline. Located in the northern position of the Melbourne CBD and located opposite the UNESCO World Heritage Carlton Gardens, Sapphire By The Gardens will undoubtedly be one of the best positioned residential buildings in Melbourne.

Sapphire By The Gardens offers everything residents need to enjoy a true luxury lifestyle. From the 24-hour concierge in the magnificent lobby to the sky bridge high above. The two towers will also be home to one of Melbournes largest ballroom and a range of amenities including art gymnasium, yoga studio, sky lounge & restaurant, terracing podiums, communal courtyards, cinema, karaoke & games room, fireplace & piano room, 25 meter heated pool...

Surroundings:
Within the free tram zone , close to Parliament Train Station
Walking distance to Melbourne Central Shopping Centre, QV, Emporium and Queen Victoria Market
Within close proximity to RMIT University, Melbourne University, Carlton Gardens and Royal Exhibition

Listing Information:
2 Bedroom 2 Bathroom luxury apartment, 73 sqm, facing North-east
North corner block, delivering unobstructed view of Carlton Gardens
Completion: Estimated In July 2022

ESTIMATED OC FEES: $4,700 - $5,600
ESTIMATED COUNCIL RATES, FIRE SERVICES LEVY & CITY WEST WATER RATES: $2,450 - $2,700

**Video of the actual residence is available, if you are interested, please contact Charles Lam on 0491 088 163**

Contact:
Provide language services: English, Mandarin, Cantonese
Call Charles Lam on 0491 088 163/ 0426 690 225 or email: charles.lam@vionproperty.com.au now for more details as this opportunity won't last long!

Property History for 16/288-308 Exhibition St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
  • 20 Jan 2022
    Listed for Sale Contact Agent
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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 64,290 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 240 properties listed for sale, and 363 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2737 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.