2/20 Somerset PlaceMelbourne VIC 3000
Property Details for 2/20 Somerset Pl, Melbourne
Last Listing description (August 2025)
This stylish and modern one bedroom apartment is set within a quiet boutique block in the heart of the CBD, overlooking the leafy tree line of Elizabeth Street and Bourke Street shopping mall. The long hallway offers plenty of cupboard space for storage, and also includes a European Laundry complete with dryer. The kitchen is modern with stainless steel appliances including a dishwasher, with open plan living area including split system air-conditioning/heating, large renovated central bathroom boasting shower over bath, queen-sized bedroom with BIR's, and all within a secure building. Conveniently located close to all public transport, you wouldn't want to miss this opportunity.
Property History for 2/20 Somerset Pl, Melbourne, VIC 3000
- 01 Sep 2025Sold for $2,880,000
- 04 Aug 2025Listed for Rent $475 / week
- 03 Feb 2022Listed for Rent $320 / week
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0About 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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:
- The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
- Houses have a median rent of $635 while Units have a median rent of $660.
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