209/9 Degraves Street, Melbourne, VIC 3000 sold on 04 April 2025 | OnTheHouse
SOLD
Sold on 04 Apr 2025 for $530,000

209/9 Degraves Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 61m2
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Property Details for 209/9 Degraves St, Melbourne

209/9 Degraves St, Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 61m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 1 bedroom Apartment sold in Melbourne in the last 12 months.

Building Type
Apartment
Floor Size
61m2
Land Size
61m2

Last Listing description (April 2025)

Reach lofty heights with this New York inspired apartment located within the historic Mutual Building, offering a perfect blend of heritage charm and contemporary living. Recently refreshed with new paint and carpet, this property is a standout opportunity for a first home buyer, astute investor or someone looking for a city base in the heart of the Melbourne’s central business and entertainment district.
Key features.
Loft-Style Design: Soaring high ceilings in the living area create a sense of openness, enhanced by tall windows and large sills that flood the space with natural light.

Mezzanine Bedroom: Elevated for privacy, the mezzanine-style bedroom offers a cozy retreat with a view of the living space below.
Modern Updates: Freshly painted and recarpeted, the apartment is ready for its next owner.
Rare Basement Car Space: A valuable inclusion in this central location, providing unparalleled convenience.
Location Highlights:
Nestled in one of Melbourne’s most vibrant precincts, this apartment is just steps from renowned cafes, boutique shopping, cultural landmarks, and excellent public transport connections. Whether it’s a quick coffee on Degraves Street or a leisurely stroll to Federation Square, you’ll be at the center of it all.

This is the perfect home for professionals, first-home buyers, or investors seeking a distinctive property with timeless appeal and incredible lifestyle benefits.

Additional Notes:
* Car space is currently leased for $90 per week on a temporary basis. The market price is approximately $5,000 per year.
* Anticipated rental $650 - $700 per week based on comparable apartments within the same complex.
* Short-term furnished apartments typically lease for between $300 - $500 per night subject to the quality of the furnishings and inclusions.

Property History for 209/9 Degraves St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$530,000
04 Apr 2025
  • 04 Apr 2025
    Sold for $530,000
  • 26 Nov 2024
    Listed for Sale Not Disclosed
  • 16 Nov 2002
    Sold for $339,250
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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 64,229 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.
There are currently 252 properties listed for sale, and 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2748 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.