202/39 Queen St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1936. The property has a land size of 368m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
Positioned within the 'Madison' a classic Art Deco style building on the corner of Queen Street and Flinders Lane, this two bedroom apartment is ready to enjoy as is, or the opportunity to update to your own requirements. With secure intercom entry and lift access the versatile floor plan design has a practical layout including a spacious living/dining area, featuring high ceilings, original steel framed windows and a well appointed dedicated kitchen with ample bench & cupboard space, dishwasher, electric cooking. Both bedrooms have built in robes and the second bedroom would also suit those wanting to set up a home office or study. The bathroom is also well appointed including a bath and there is also a separate laundry that is often a rarity in apartments.
The position provides for a totally convenient city lifestyle with passing transport, close walk to Collins Street trams, Flinders Street Station, shops, cafes, access to universities or an easy bus ride to Queen Victoria Market for grocery shopping.
A first class opportunity for the owner occupier or the investor in this popular, tightly held building.
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 64,257 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:
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