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.
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.
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.
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:
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