1801/60 Market StreetMelbourne VIC 3000
Property Details for 1801/60 Market St, Melbourne
1801/60 Market St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 1074m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in June 2010.
Last Listing description (July 2010)
7.89 NET RETURN!
With panoramic views that incorporate the Yarra River, Southbank and the MCG, and stretch over St Kilda to Port Phillip Bay, this generous and pristine fully furnished one bedroom apartment is located in Melbourne's CBD sensationally close to choice lifestyle options.
The ideal option for an investor looking to add diversity to a property portfolio, or as a secure starting point for someone new to the property market.
The well appointed property comes with a wide and inviting entry hall, wall kitchen, spacious living room with dining and lounge facilities, along with a deluxe main bedroom with built in robes. Also included is ducted heating and cooling and a bathroom with a combined shower and bath, speckled granite and vanity with large, bright mirror. A sensational investment opportunity, with the added bonus of securing one of Melbourne's best vistas.
Lease Term: Until 2016
Options: Four x 5 years
Return: $24840 pa
Rental Increases: 5% every second year
Outgoings: $1150.60pa
Property History for 1801/60 Market St, Melbourne, VIC 3000
- 27 Jun 2010Sold for $290,000
- 08 May 2010Listed for Sale $300,000
- 08 Mar 2007Listed for Sale $349,000
Recent sales nearby
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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 64,271 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.
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