2301/5 Sutherland Street, Melbourne, VIC 3000 sold on 03 March 2026 | OnTheHouse
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Sold on 03 Mar 2026 for $395,000

2301/5 Sutherland Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Land area: 849m2
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Property Details for 2301/5 Sutherland St, Melbourne

2301/5 Sutherland St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2013. The property has a land size of 849m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
52m2
Land Size
849m2
Local Government
Melbourne
Lot/Plan
2301A/PS624531

Last Listing description (March 2026)

Positioned high within the prestigious Melbourne Sky complex, Apartment 2301/5 Sutherland Street delivers elevated city living with style, light and sweeping skyline views. A prized northerly aspect and floor-to-ceiling glazing fill the open-plan living and dining zone with natural light, while a private balcony provides the perfect vantage point to take in the energy of Melbourne's CBD. The sleek stone kitchen is beautifully appointed with premium Miele appliances and gas cooking, complemented by a generous bedroom with built-in robes and a designer bathroom featuring floor-to-ceiling tiling and concealed laundry.From an investment perspective, this is a standout opportunity offering immediate and secure returns. Currently leased at $680 per week, the apartment provides strong rental yield in a high-demand CBD pocket popular with professionals and students alike. With low outgoings and access to premium resident facilities, it represents a low-maintenance, high-performance asset with excellent tenant retention and long-term growth potential.Additional features include split-system heating and cooling, double-glazed windows for comfort and efficiency, secure video intercom entry and quality modern finishes throughout. Residents enjoy exclusive access to resort-style amenities including a heated indoor pool, spa, sauna and fully equipped gym, enhancing both lifestyle appeal and rental desirability.Perfectly positioned just moments from Melbourne Central, QV, Hardware Lane's renowned dining scene, RMIT University, Queen Victoria Market, Flagstaff Gardens and the Free Tram Zone, the location ensures ongoing convenience and enduring market appeal.

Property History for 2301/5 Sutherland St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$395,000
03 Mar 2026
Listed for Rent
$565/w
21 Nov 2023
  • 03 Mar 2026
    Sold for $395,000
  • 26 Feb 2026
    Listed for Sale $375,000 - $400,000
  • 14 Sep 2023
    Listed for Rent $565 / week
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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 64,255 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:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 257 properties listed for sale, and 166 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2716 properties were sold in the past 12 months in Melbourne.

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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.