209/9 Degraves St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1900. The property has a land size of 2018m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in 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 Melbournes 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. There are 9 parks, covering nearly 2.5% of the 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 64,795 properties. Over the last 5 years, Houses in Melbourne have seen a -28.12% decrease in median value, while Units have seen a 0.93% increase. As at 31 August 2026:
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