2705/8 Exploration Lane, Melbourne, VIC 3000 sold on 31 July 2025 | OnTheHouse
SOLD
Sold on 31 Jul 2025 for $387,000

2705/8 Exploration Lane
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 57m2
Land area: 586m2
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Property Details for 2705/8 Exploration Lane, Melbourne

2705/8 Exploration Lane, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2010. The property has a land size of 586m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2010
Floor Size
57m2
Land Size
586m2
Local Government
Melbourne
Lot/Plan
2705/PS606543

Last Listing description (July 2021)

You will be extremely impressed with this one bedroom plus separate study looking out towards the Melbourne city skyline.
The apartment is situated on the 27th floor and is comprised of a generous living zone with floor to ceiling windows & balcony.
The bedroom is spacious with BIR's, separate study perfect for use as a home office, modern kitchen complete with stainless steel gas appliances including dishwasher and a sparkling central bathroom.

Other features include reverse cycle heating & cooling, ample storage/cupboard space, European laundry, security entry to complex and use of recreational facilities including pool, gym & sauna.
The apartment also comes with washing machine, dryer and fridge.
Only meters from Melbourne Central shopping & entertainment complex, QV, Parliament station and a short walk to the many various restaurants in the area.
We look forward to seeing you at the open for inspection.

Property History for 2705/8 Exploration Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$387,000
31 Jul 2025
Listed for Rent
$350/w
23 Jul 2021
  • 31 Jul 2025
    Sold for $387,000
  • 22 Jun 2021
    Listed for Rent $350 / week
  • 18 Mar 2019
    Listed for Rent - Price not available
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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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2750 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.