2407/5 Sutherland St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2013. The property has a land size of 849m2. While the property is not currently for sale or for rent, it was last sold in April 2012.
Positioned high on the 24th floor of the sought-after Melbourne Sky complex, Apartment 2407 presents a rare turnkey opportunity in the heart of the CBD-offered fully furnished with all the extras, ready to move straight in or continue operating as a successful Airbnb.Designed with a true 1-of-1 layout, this apartment boasts significantly more internal space than standard one-bedroom floorplans in the building, setting it apart as a premium offering for both owner-occupiers and investors alike.Currently utilised as a high-performing short-stay rental, the property also offers strong long-term investment appeal with an estimated rental return of approximately $550 per week, complemented by low ongoing outgoings-maximising your net return.Inside, the apartment showcases a spacious, light-filled open-plan living and dining area framed by floor-to-ceiling glass, capturing stunning northern light and city views. The sleek kitchen is finished with stone benchtops, premium Miele appliances, a 4-burner gas cooktop, and ample storage, perfectly suited for both everyday living and guest stays.The generously sized bedroom includes mirrored built-in robes and split-system heating and cooling, while the stylish bathroom features floor-to-ceiling tiling, a stone vanity, mirrored cabinetry, and a cleverly concealed laundry.Additional features include double-glazed tinted windows, roller blinds, recessed lighting, secure video intercom entry, and a private balcony ideal for relaxing above the city.Residents of Melbourne Sky enjoy access to premium resort-style amenities, including a heated indoor pool, spa, sauna, and fully equipped gym.Perfectly positioned within Melbourne's vibrant CBD, you're just moments from Melbourne Central, QV, Hardware Lane, RMIT University, Queen Victoria Market, Flagstaff Gardens, and the Free Tram Zone-placing the very best of the city right at your doorstep.A rare combination of space, style, and investment flexibility, this is inner-city buying at its smartest.
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 64,254 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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