2009/60 Market Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

2009/60 Market Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 80m2
Land area: 1074m2
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Property Details for 2009/60 Market St, Melbourne

2009/60 Market St, Melbourne is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 1074m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last transferred in June 2022.

Building Type
Unit
Year Built
2000
Floor Size
80m2
Land Size
1074m2
Local Government
Melbourne
Lot/Plan
2009/PS336605

Last Listing description (April 2014)

High Cash Return ($34,408 pa) and Attractive Structured Rental Increases
Suitable only as an investment this fully fitted two bedroom corner apartment with stunning city, Yarra and bay views is a 'must' inclusion for the property investment portfolio. With an annual return of $34408.68 pa ($2867.39 per month) and long secure lease this serviced apartment offers a steady income stream & secure future.
An opportunity to buy a property which actually pays for itself! Apartment features light filled living and lounge area with large windows, two spacious bedrooms with built in robes, formal entrance and study area, modern bathroom and kitchen, ducted heating and cooling.

Lease Term: Until 2016 Options: Four x 5 years. Rental Increases: 5% every second year.
Outgoings: approx. $402 pq.
Tenant pays for Owners Corp Fees, Council Rates and Water Rates.
Building offers pool, gym, concierge foyer and conference facilities with an extensive piazza complete exceptional surroundings in the very heart of the CBD.

Property History for 2009/60 Market St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Transferred
02 Jun 2022
  • 02 Jun 2022
    Transferred
  • 30 Apr 2014
    Sold for $453,000
  • 17 Mar 2014
    Listed for Sale $470,000
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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 64,271 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.
There are currently 274 properties listed for sale, and 167 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2687 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.