1603/8 Exploration Lane, Melbourne, VIC 3000 sold on 06 September 2025 | OnTheHouse
SOLD
Sold on 06 Sep 2025 for $498,000

1603/8 Exploration Lane
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1603/8 Exploration Lane, Melbourne

1603/8 Exploration Lane, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2010
Local Government
Melbourne
Lot/Plan
1603/PS606543

Last Listing description (February 2021)

Dual Balcony 2 bedroom with spectacular views!

** Please Register for inspection VIA TEXT **

This fantastic partially furnished two bedroom modern city pad has everything going for it!

Featuring long entrance hall, great sized living/ding with loads of natural light, fully equipped kitchen with portable island bench top, two bedrooms both with BIR, large central bathroom, separate European laundry and a good sized balcony boasting amazing views all the way to the ocean!

Building facilities include security entrance, onsite building manager, 25th Floor indoor pool with massive CBD views, gym, storage cage and one secure car space.

Ideally located opposite grocery stores, shopping, public transport, Southern cross station and close to park lands, restaurants, cafes and plenty more!

Rush to inspect this beauty wont last long!

Property History for 1603/8 Exploration Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$498,000
06 Sep 2025
  • 08 Nov 2020
    Listed for Rent $365 Per Week
  • 22 Feb 2019
    Listed for Rent $550 Per Week
  • 13 Feb 2017
    Listed for Rent $550pw
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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 64,279 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 248 properties listed for sale, and 369 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2746 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.