240-246 Victoria Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

240-246 Victoria Street
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 300m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 240-246 Victoria St, Melbourne

Building Type
Commercial
Land Size
300m2
Local Government
Melbourne

Last Listing description (September 2021)

Super high exposure two (2) storey freehold corner building with a strategic triple street frontage offered with vacant possession

Flexible Capital City Zone providing genuine future development/conversion potential and opportunity for rooftop activation (STPA)


Captivating and protected views over the Melbourne CBD and highly valuable existing liquor licence

Surrounded by significant and brand new residential, hotel, student accommodation and office developments

Accessible by all forms of public and private transportation, and walking distance to the Melbourne CBD, Education Precinct and Health Precinct

An opportunity to capitalise on the imminent transformation of a Melbourne icon The Queen Victoria Market

FOR SALE VIA PUBLIC ON-SITE AUCTION FRIDAY 1ST DECEMBER AT 12.30PM

OPEN FOR INSPECTION WEDNESDAYS 1.00PM-1.30PM

For more information please contact the sales and marketing agents:

CBRE

JOSH RUTMAN
+61 499 881 202

MARK WIZEL
+61 409 809 868

SCOTT CALLOW
+61 418 153 606

WILL CONNOLLY
+61 432 116 287

CROPLEY COMMERCIAL

GEORGE ILIOPULOS
+61 414 374 161

STEVE CROPLEY
+61 407 886 662

*approx

Show More

Property History for 240-246 Victoria St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
  • 28 Oct 2017
    Listed for Sale OPEN FOR INSPECTION WEDNESDAYS 1.00PM-1.30PM
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 64,326 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 305 properties listed for sale, and 185 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2655 properties were sold in the past 12 months in Melbourne.

Melbourne Profile Page

Suburb Insights for Melbourne 3000

Visit Melbourne profile page
Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Melbourne profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED