204/60 Market Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

204/60 Market Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1074m2
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Last updated 19 Jan 2026
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Property Details for 204/60 Market St, Melbourne

204/60 Market St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 1074m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

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

Last Listing description (February 2022)

Surrounded by a plethora of city attractions, this fully-serviced large studio apartment on the 2nd floor of the 4.5-star Oaks on Market hotel complex, offers a brilliant 'set and forget' 5 years lease.
This investment opportunity is optimized by 100% occupancy so there's no late rents, no owners corp fees, no rates and the hotel is responsible for any damage. Basically this is an investment property with a guaranteed income stream for years to come.
This apartment is highlighted by the spacious central living, sleeping and study area, robe storage, granite kitchenette with Fisher and Paykel induction cooktop, sleek bathroom, central heating and cooling, and access to building amenities which include a concierge, gymnasium, heated lap pool, sauna, spa, and three function rooms. The ground floor also has a bar, restaurant, and lobby.

Located in a quiet city pocket near Southbank Promenade, Freshwater Place, Southgate shopping, Rialto Towers, an array of city bars and boutique shopping, Bourke Street Mall, Melbourne's GPO, Crown Entertainment Complex with world-class restaurants, trams in all directions, Southern Cross Station, and Flinders Street Station.

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Property History for 204/60 Market St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$260,000
20 Apr 2020
  • 21 Oct 2021
    Listed for Sale $270,000-$280,000
  • 05 Aug 2021
    Listed for Sale $270,000-$280,000
  • 20 Apr 2020
    Sold for $260,000
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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 64,289 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 240 properties listed for sale, and 362 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2745 properties were sold in the past 12 months in Melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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