28 Niagara Lane, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

28 Niagara Lane
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 137m2
Land area: 704m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 28 Niagara Lane, Melbourne

Building Type
Commercial
Floor Size
137m2
Land Size
704m2
Local Government
Melbourne
Lot/Plan
2C/SP27540

Last Listing description (April 2021)

Set in in one of Melbourne's trendiest laneway locations within the Melbourne CBD's booming western core with an enormous catchment area of office workers, tourists & residents (Niagara Lane). Which is surrounded by prominent and proven retail thoroughfares such as Hardware Lane, Lonsdale Street, Elizabeth Street and Bourke Street.
With an abundance of major food and beverage establishments, from numerous nations originating from Asia including Korea, Japan, Malaysia, China, Hong Kong amongst others
Walking distance to the CBD retail core consisting of the Emporium Shopping Center , Melbourne Central, Queen Victoria Market and major universities RMIT

Bolstered by significant apartments and student accommodation developments including Unilodge and Scape just metres away, as well as the precinct defining QVM and Munro Site Redevelopment Project, delivering car parks, community spaces, and a boutique hotel...
On the doorstep to public transport options including Elizabeth Street tram links and Melbourne Central Train Station and future State Library Station
Take advantage of Melbourne's consistently growing tourism, employment and residential populations which are driving growth in retail across the whole city to achive yoiur business dream here.

Please contact Anna Dao or Rachel Doan for inspection

Show More

Property History for 28 Niagara Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$2,500,000
27 Mar 2022
Listed for Rent
$2.30k/w
10 Apr 2021
  • 27 Mar 2022
    Sold for $2,500,000
  • 11 Dec 2020
    Listed for Rent $120,000 / year
  • 21 Oct 2015
    Listed for Sale Not Disclosed
Sign in to see more transactions
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 64,248 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 250 properties listed for sale, and 255 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2735 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