2107/60 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 September 2014.
Fantastic Income - MASSIVE 8% return
Larger than usual modern studio apartment securely leased to Oaks on market with current income of approx $$1,882.83 per month ($22593.96 per annum) to owner. 5% rent increase every second year and further market review at the start of each term. Leased till 2016 with 4 five year options.
Features include: Stunning studio light filled with Yarra River, Port Phillip Bay and city views, large windows, spacious living area, quality modern furniture, functional kitchen, large sparkling bathroom, reverse cycle heating and cooling.
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 64,265 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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